5934 Murietta Avenue

Van Nuys, CA 91401

$1,150,000
Price
3
Beds
1
Bath
1
1/2 Bath
1,097 Sq. Ft.
$1,048 / Sq. Ft.
1,097
Sq. Ft.
$1,048
per Sq. Ft.

Description

We pleased to present the opportunity to acquire this rare 7,015 SF lot development opportunity located in the highly desirable Valley Glen neighborhood, and just about two blocks to the Van Nuys Transit station. The site offers a zoning ordinance of LARD-1.5, which makes the site an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's potential for long-term returns. The site is eligible to build up to thirty-five...We pleased to present the opportunity to acquire this rare 7,015 SF lot development opportunity located in the highly desirable Valley Glen neighborhood, and just about two blocks to the Van Nuys Transit station. The site offers a zoning ordinance of LARD-1.5, which makes the site an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's potential for long-term returns. The site is eligible to build up to thirty-five (35) affordable apartment units. There is a 3-bedroom + 1.5-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. This is a high-demand rental location within close proximity to the Van Nuys Courthouse, restaurants, shops, and Valley college. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.
  1. Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01013548 • Carolwood Estates
  2. Listed by Hasitha Mahaseelarathnage • DRE #02131447 • Brokerage DRE #00824452 • Christie's AKG

Property Details for 5934 Murietta Avenue

Zoning
LARD1.5
Style
A-Frame
Parcel Number
2246002001
Living Area
1097
Source Living Area
Vendor Enhanced
Area
Valley Glen (VG)
Lot Size Area
7017
Source Lot Size Area
Vendor Enhanced
LISTING UPDATED: 07/30/2024 01:36 PM

Property Details for 5934 Murietta Avenue

StatusActive
MLS #24-412013
Days on Market137
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.16 AC / 7,017 SF
CountyLos Angeles County

Building Information for 5934 Murietta Avenue

Stories1Year Built1948Building Size-Lot Size0.16 AC / 7,017 SF

Property Information for 5934 Murietta Avenue

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • View: Yes
  • View Description: City, Other
  • View: City Lights
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1611
  • Lot Size Square Feet: 7017
  • Lot Size Dimensions: 54x130
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 5
  • Parking Features: Driveway
Interior Features
Interior Features
  • Room Type: Den, Living Room
  • Rooms: Breakfast Area, Den, Den/Office, Dining Room, Living Room, Other
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: Yes
  • Family Room: 0
  • Dining Room: 1
  • Furnished: Unfurnished
  • Cooling Type: Other
  • Heating Type: Other
  • Flooring: Hardwood
  • Equipment: Range/Oven, Refrigerator, Recirculated Exhaust Fan, Dryer, Dishwasher, Washer, Other, Freezer, Garbage Disposal
  • Common Walls: Attached
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 07-08-2024

Property History for 5934 Murietta Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5934 Murietta Avenue

Taxable ValueLand$480,944Additions$120,232Total$601,176
Tax Record2024$7,476 ($623 / month)
Home Facts
Beds3Total Finished SqFt1,097 SqFtAbove Grade Finished SqFt1,097 SqFtStories1Lot Size7,015 SqFtStyleSingle Family ResidenceYear Built1948ZoningLARD1.5CountyLOS ANGELESAPN2246-002-001

Schools near 5934 Murietta Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Erwin Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5934 Murietta Avenue is a single family home for sale in Van Nuys, CA 91401. This property was listed for sale on July 8, 2024 by Carolwood Estates, it's currently listed at $1,150,000. It has been on the market for a total of 137 days and was last sold on April 1, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Erwin Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 5934 Murietta Avenue is a 3-bed, 1.5-bath, 1,097 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carolwood Estates, Davis Saadian, DRE #01921748; Christie's AKG, Hasitha Mahaseelarathnage, DRE #02131447

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.