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Van Nuys Development Opportunity
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6904 6908 & 6912 De Celis Pl., Van Nuys, CA 91406

Multi-family development opportunity in Van Nuys consisting of four lots.

Property SizeContact for details
Lot Size0.97 Acres
Days on Market83

Property Features for 6904 6908 & 6912 De Celis Pl.

General Information

Standard status Active
Lot size 0.97 Acres
Property subtype Land
Zoning R1-1, RD1.5, RD2, RW2, RZ2.5
Listing Agency: The Oppenheim Group
Listed By: Christian Emerson · License #DRE# 01983697
Source: Crexi
Added: May 19 Changed: Aug 8 Last Checked: Jul 16 at 3:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Oppenheim Group

Investment Insights

Based on property information with market context.

Located in Van Nuys, the property consists of four contiguous single-family lots totaling 42,188.7 sq. ft. The General Plan designates the property's Land Use category as Low Medium II Residential, which allows the property to change its zoning to either RD1.5, RD2, RW2, or RZ2.5 without the need to obtain approval via a General Plan Amendment. A builder can develop up to 58 1,500 sq. ft units on the site by leveraging development density bonus provisions and other developer-friendly bills. The development site is centrally located in one of the most densely populated areas in the San Fernando Valley. The area is home to landmarks such as the Van Nuys Airport and the Valley Municipal Building. Van Nuys has strong socio-economic indicators and above-average public schools, several parks, coffee shops, and restaurants.

Key Highlights

  • Multi‑family development opportunity: Four contiguous single‑family lots totaling 42,188.7 sq. ft.
  • Land Use designation allows zoning change to RD1.5, RD2, RW2, or RZ2.5 without a General Plan Amendment.
  • Potential to develop up to 58 1,500 sq. ft units by leveraging development density bonus provisions.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Skin Care Clinic Grocery & Convenience Store Food Market Parking Lot & Garage Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,765
Businesses Nearby

Demographics for 91406, CA

53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family development opportunity in Van Nuys consisting of four lots.
Where is this residential land & home lot located?
The property is located at 6904 6908 & 6912 De Celis Pl. Van Nuys, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Multi‑family development opportunity: Four contiguous single‑family lots totaling 42,188.7 sq. ft.; Land Use designation allows zoning change to RD1.5, RD2, RW2, or RZ2.5 without a General Plan Amendment.; Potential to develop up to 58 1,500 sq. ft units by leveraging development density bonus provisions.
(916) 517-0235 Call to check price and availability
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