5950 Cedros Avenue, Van Nuys, CA 91411

Van Nuys
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
5950 Cedros Avenue,Van Nuys, CA 91411
$5,877,000
  • 0.71 Acres
  • Lots / Land
  • Pending
Listed by: francis evanisko
Office: evanisko realty & investment818-985-9700
MLS#:SR25172430
Source:CRMLS

Price summary

  • Price:$5,877,000

About this home

We are pleased to present the opportunity to acquire fee simple interest in 5950 N. Cedros Ave. (et. al. addressees) AKA the “Valley Metro” development site; a 30,735 SF transit-oriented development opportunity. The site is just steps from the intersection of the new East Valley Metro line stop AND the Orange Line at Van Nuys Blvd. and Oxnard St. In addition to its transit-oriented location, the values appurtenant to the base zoning couldn’t be any more enticing for the permitting and funding of affordable housing. The site’s yield will be dictated by the taste of the developer and their capital constraints and not by zoning policy as virtually all entitlement pathways under CHIP ( DB, MIIP, or AHIP) will allow unlimited density, more FAR than is needed, and likely more height than needed all without a planning case! It may be a logical use of the site worthy of consideration to develop five stories across the 21,568 rectangular portion and use the current parking lot for...

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Home facts

  • Listing ID #:SR25172430
  • Added:256 day(s) ago
  • Updated:April 14, 2026 at 07:36 AM

Structure and exterior

  • Lot area:0.71 Acres
  • Lot Features:Corner Lot, Irregular Lot, Level with Street, Near Park, Rectangular Lot

Utilities

  • Water:Public

Finances and disclosures

  • Price:$5,877,000
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