4
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$1,285,000
Est. payment /mo
7,013 Sqft Lot
New
5934 Murrieta Los Angeles, CA 91401
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25217980
HOA Y/N No
Lot Size 7,013 Sqft
Property Description
Prime development opportunity adjacent to Valley Village. Situated on a 7,015 SF [Q]RD1.5-1 zoned lot, this site offers a 53-foot frontage on a quiet cul-de-sac street, presenting an ideal footprint for residential infill development and rental demand. The property is SB8 exempt and approved by the Los Angeles Housing Department (LAHD), offering a smoother path to permiting/entitlement. A range of development options may be available through by-right projects or state and local density bonus programs, making it attractive to both market-rate and affordable housing developers. The existing 3-bedroom, 2-bathroom single-family home spans approximately 1,097 SF. Located just two blocks from the Van Nuys Transit Station and within close proximity to Valley College, this site sits in a high-demand rental corridor with strong rent performance, limited new supply, and long-term neighborhood growth potential. A rare opportunity in a well-established, supply-constrained pocket of the San Fernando Valley.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning [Q]RD1.5-1
Interior
Fireplace No
Exterior
Community Features Curbs, Gutter(s), Street Lights, Urban, Valley
View Y/N No
View None
Building
Lot Description 36-40 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Listed by Christopher Martinez Diaz Vinco Vinco Realty & Investments Inc 323-481-8517
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