6701 Woodley ave

DEAL STORY

VAN NUYS, CA 91406

SALE HIGHLIGHTS

• Buildable Units: 17 Condominiums / 23 Apartments

• Price per Buildable: Condominium - $72,058 / Apartment - $53,261

Daniel Hirth is pleased to announce another successful closing 6701 Woodley Avenue, an excellent development site of approximately 13,034 SF of land zoned R3-1-RIO. With their newly acquired asset, the investors can build 17 condominiums “By Right ” in prime Lake Balboa, California. If the developer plans to utilize a California State Density Bonus, they can potentially build up to 23 units. 

Daniel Hirth and Elijah Suval Exclusively Listed the property and procured the ideal buyer prior to bringing the listing to the open market.  Through our extensive market knowledge we were able to successfully close this portfolio for the sellers and arrange seller financing which was advantageous for all parties involved.