#V1-27935, Diane Delaney, Listing Office: RE/MAX Gold Coast-Beach Marina Office
#24445861·
Listing Office: Marcus & Millichap·
Listing Agent: Jason Tuvia·
Listing Office Phone: 818-212-2700
7005 Woodley Ave Van Nuys, CA 91406
$1,600,000 List price
0.3 acres
Land
Property details
About 7005 Woodley Ave
We are pleased to present an 11,314 square foot RTI development site located at 7005 N Woodley Avenue in Van Nuys, California. The subject property is situated in a solid Van Nuys location, south of Sherman Way and east of Hayvenhurst Avenue. This offering is positioned a one (1) large corner lot totaling 11,314 square feet of land with a zoning ordinance of LAR3-1. This allows for fourteen (14) units by-right, a maximum height of 45 feet by-right, and a FAR of 3:1 by-right. Additionally, this offering is fully entitled utilizing the city Density Bonus incentive program, allowing for a 35% bonus to unit count and FAR, twenty-one (21) RTI units and 4.05:1 respectively, and a height increase to 56 feet. There are thirty-five (35) total parking spots in the plans, with ten (10) on-grade and twenty-five (25) on one level subterranean. The plans also include a rooftop deck common area, and four (4) recreation rooms with layouts that are nearly identical to their adjacent one-bedroom unit counterparts, making these recreation rooms a breeze to convert into ADU units. Totaling twenty-five (25) units after ADU conversion, the unit mix is great and consists of thirteen (13) one-bedroom / one-bathroom units, four (4) one-bedroom / one-bathroom ADU units, and eight (8) two-bedroom / two-bathroom units. In accordance with the Density Bonus program, one (1) one-bedroom and one (1) two-bedroom unit are set aside for very low income. Situated in a solid Van Nuys location, this offering presents an excellent opportunity for any developer to capitalize on a fully RTI development site in one of the most populous municipalities in Los Angeles.
Highlights
Home typeOther
StatusActive
Lot size0.2597 Acres
MLS #24445861
ViewCity Lights
Summary
- MLS Number: 24445861
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Jason Tuvia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
7005 Woodley Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 07, 2021 | Home Sold | $1,250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,331,712 | $16,337 |
| 2023 | $1,305,600 | $16,020 |
| 2022 | $1,280,000 | $15,453 |
| 2021 | $93,554 | $1,625 |
| 2020 | $92,596 | $1,589 |
| 2019 | $90,781 | $1,535 |
| 2018 | $89,002 | $1,507 |
| 2017 | $87,258 | $1,507 |
History based on county public records data.
Nearby schools
6
Bassett Street Elementary School
Public District KG-5
0.4 mi
•15756 Bassett St
4
Cohasset Elementary School
Public District KG-5
0.8 mi
•15810 Saticoy St
7
Gault Street Elementary School
Public District PK-5
1.1 mi
•17000 Gault St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,774. Typical income of Van Nuys, CA residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
44%
<35k
38%
35k-100k
18%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
50%
Single, No Kids
14%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Little Caesars
Popeyes
What do the neighbors drive?
Honda
Dodge
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7005 Woodley Ave
This home is located at 7005 Woodley Ave in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $1,600,000.
While more than 294 listings in Van Nuys, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. The inventory of homes for sale in Van Nuys, CA between December and January 2025 increased by 20.1%. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.