Van Nuys homes
For sale2 days on market
$1,195,000

6059 Woodman Avenue, Van Nuys, CA 91401

—
Beds
—
Baths
—
Sq ft

About this home

RTI APPROVED PLANS | SHOVEL-READY DEVELOPMENT OPPORTUNITY | 4 TOWNHOME-STYLE UNITS + ADU | APPROX. 7,470 SF OF PROPOSED ZONING FLOOR AREA | 8 PARKING SPACES Exceptional opportunity for builders, developers, and investors to acquire a shovel-ready multifamily development site in the heart of Valley Glen, with fully approved, Ready-to-Issue (RTI) architectural and structural plans. Skip the lengthy design and entitlement process and move directly toward construction. Situated on a prime corner lot at Woodman Avenue and Bessemer Street, this approximately 5,912-square-foot, flat RD1.5-zoned parcel comes with plans for two three-story buildings featuring four townhome-style residences plus a ground-floor ADU, totaling approximately 7,470 square feet of proposed zoning floor area. The thoughtfully designed project includes eight parking spaces with convenient rear-alley access, maximizing functionality and street appeal. Ideally positioned for a developer seeking a build-and-sell opportunity or an investor looking to establish a long-term rental portfolio, the property benefits from strong connectivity and proximity to major employment, education, and transportation hubs. Just a short distance to the Woodman/Valley Glen Metro G Line station, with convenient connections to North Hollywood and the Metro B Line. Minutes from Los Angeles Valley College, the Van Nuys Civic Center, neighborhood parks, shopping, dining, and the 101, 405, and 170 freeways. With RTI plans in place, a desirable unit configuration, and an accessible central Valley location, this is a rare opportunity to bring a five-unit residential development to market without starting the approval process from scratch. Full architectural and structural plans available upon request. Buyer to independently verify all plans, approvals, permit status, square footage, zoning, and development details with the City of Los Angeles.

Type
Single Family Residence
Year built
1955
Lot
5,912 sq ft
Garage
2 car
HOA
None
Pool
Private pool
View
—
Solar
—
Estimated payment
$7,536/mo
  • Principal & interest$6,043
  • Property tax (est.)$1,145
  • Home insurance (est.)$349

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of George Ouzounian, The Agency, 818-900-4259. MLS# SR26234043. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

Similar homes in Van Nuys