Description
6901 Woodman Avenue presents a rare opportunity to acquire a fully entitled, .23-acre development parcel in the heart of Van Nuys–North Sherman Oaks. Zoned LAR3 and approved for Affordable Housing execution via ED1, this 10,005-square-foot site benefits from one entitlement package in place and immediate shovel-ready status. The site’s LAR3 zoning allows a density that is ideal for workforce and affordable residential product, positioning the land for high-impact multifamily development.
Offered at $1,550,000 ($154.92 per buildable square foot), the property delivers an attractive in-place...
Documents
Sale Details
- Stabilized Cap Rate6.24%
- GRM11.20
- Potential GRM10.67
- In-Place Rents2,165
- Market Rents2,271
Documents
Property Address
Property Details
- Developable Acres0.23
- EntitlementsYes (Fully Entitled)
- Property TypeRetail
- APN2216-025-013
Property Details
- Developable Acres0.23
- EntitlementsYes (Fully Entitled)
- Property TypeRetail
- APN2216-025-013








Deal Team

Description
6901 Woodman Avenue presents a rare opportunity to acquire a fully entitled, .23-acre development parcel in the heart of Van Nuys–North Sherman Oaks. Zoned LAR3 and approved for Affordable Housing execution via ED1, this 10,005-square-foot site benefits from one entitlement package in place and immediate shovel-ready status. The site’s LAR3 zoning allows a density that is ideal for workforce and affordable residential product, positioning the land for high-impact multifamily development.
Offered at $1,550,000 ($154.92 per buildable square foot), the property delivers an attractive in-place...
Documents
Sale Details
- Stabilized Cap Rate6.24%
- GRM11.20
- Potential GRM10.67
- In-Place Rents2,165
- Market Rents2,271
Documents
Property Address
Property Details
- Developable Acres0.23
- EntitlementsYes (Fully Entitled)
- Property TypeRetail
- APN2216-025-013
Property Details
- Developable Acres0.23
- EntitlementsYes (Fully Entitled)
- Property TypeRetail
- APN2216-025-013
Deal Team

