Consider the opportunity to develop a new nursery or residential project in Valley Glen, a prime area within Van Nuys, popular for both multifamily and office developments. This presents an outstanding investment opportunity for seasoned investors and developers. The lot, spanning 19,961 square feet, is zoned R3 (16,817.33 sq. ft.) and R1 (3,151.3 sq. ft.). There are three development options to explore:1. **Unlimited Density**: A request can be made for unlimited density if the project is 100% affordable housing for senior citizens (55+), potentially allowing for 100+ units with no parking requirements. 2. **49 Units**: A plan that includes 49 units, with 7 units designated for low- and moderate-income tenants. 3. **RTI Ready**: The property is already entitled and RTI ready, with plans for a luxury apartment complex featuring 23 units over 31,150 square feet, along with a 1,200-square-foot ADU. Each option provides a unique opportunity for significant returns in this sought-after location.
Property Details
Property Features
Property Information:
Year Built: 2024
Stories: 0
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 820-6651
Listing Agent: Elham Khani
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 100
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.46 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Van Nuys Senior High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
James Madison Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Kittridge Street Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: East on Woodman, North of Vanowen, South of Sherman Way
Price Information
Listing Price Info
Price Summary:
List Price: $2,980,000
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.9M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24443865
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 820-6651
Listing Agent: Elham Khani
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/5/2024, 6:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Kittridge Street Elementary School
13619 Kittridge St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.19 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.38 miles
Public Magnet Grades 1-5
Middle School
5
/10
James Madison Middle School
13000 Hart St
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school12.82 miles
Public District Grades 6-8
High School
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school1.48 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school4.07 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school16.68 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Kittridge Street Elementary School
13619 Kittridge St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.19 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.38 miles
Public Magnet Grades 1-5
Assigned Schools
5
/10
James Madison Middle School
13000 Hart St
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school12.82 miles
Public District Grades 6-8
Nearby Schools
5
/10
Valor Academy Charter
8015 Van Nuys Blvd
Distance between this listing and this school1.72 miles
Public Charter Grades 5-8
Assigned Schools
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school1.48 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school4.07 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school16.68 miles
The neighbors living near this home have an average income of $48,462. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6948 N Woodman Ave
What is the listing price of this property?
The listing price of 6948 N Woodman Ave property is $2,980,000.
What type of property is this?
The property 6948 N Woodman Ave is a house located in Van Nuys, California, 91405.
Is this property for sale now?
Active Listing: 6948 N Woodman Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 6948 N Woodman Ave are: Kittridge Street Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10James Madison Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Van Nuys Senior High School: GreatSchools Rating 7/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
How many bedrooms and bathrooms does this property have?
The property at 6948 N Woodman Ave has 100 bedrooms and 100 bathrooms.
What is the square footage of this property?
The sq. ft. of 6948 N Woodman Ave is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 6948 N Woodman Ave is 2024.
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This home is located at 6948 N Woodman Ave in Van Nuys, CA and zip code 91405 in the The San Fernando Valley neighborhood. This home, which was built in 2024, sits on a 0.46 acre lot. Features: 100 bedrooms, 100 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $2,980,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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