- $3.5M Price
- .46 Acres
- 150 DOM
6961 Van Nuys Boulevard
The property is currently home to an auto body shop and a couple of rental units that poses a fantastic development opportunity to build a high-density mixed-use project. Using LA's newly passed Citywide Housing Incentive Program (CHIP) and AB 1287, a developer has the potential to build over 75,000 square feet and over 110 apartments by building a mixed-income project. Additionally, using newly reformed Memo 143 for ADU additions, this unit count would be able to reach over 130 apartments. The newly passed CHIP also has very limited parking requirements, is not subject to hearing or appeals, and is eligible for CEQA streamlining, creating a unique opportunity for a high-density development in a high demand area. A brief overview is attached showing potential development scenarios. These scenarios utilize CHIP, AB1287 and Please note a developer would have to set aside portions of the project for low-income units. Buyer's Responsibility for Due Diligence The Buyer Acknowledges and agrees that the Buyer shall conduct its own independent investigation, due dilligence, and evaluation of the property. The buyer shall not rely on any assumptions or other information provided. The report was prepared by a reputable land use consultant, and if you are looking for more information, we can provide you with his contact information to set up a consultation
Essential Information
- MLS® #SR25061764
- Price$3,499,000
- Bathrooms0.00
- Acres0.46
- TypeCommercial Sale
- Sub-TypeBusiness
- StatusActive
Community Information
- Address6961 Van Nuys Boulevard
- AreaVN - Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91405
Amenities
Utilities
Electricity Connected, Water Available
Interior
- HeatingCombination
- CoolingNone
- # of Stories1
Exterior
- ExteriorDrywall, Concrete
- Lot DescriptionCorner Lot, Street Level
- RoofComposition
- ConstructionDrywall, Concrete
Additional Information
- Date ListedMarch 20th, 2025
- Days on Market150
Listing Details
- AgentJanet Aguilera
Office
Coldwell Banker Quality Properties
Price Change History for 6961 Van Nuys Boulevard, Van Nuys, (MLS® #SR25061764)
| Date | Details | Change |
|---|---|---|
| Price Increased from $3,499 to $3,499,000 |
Janet Aguilera, Coldwell Banker Quality Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of August 25th, 2025 at 6:15am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.