6901 Woodman Avenue, Van Nuys, CA — listing photo 1
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FOR SALE

6901 Woodman Avenue

Van Nuys, CA 91405
10,008 Lot Sq Ft
$1,400,000
Price ReducedWas $1,500,000 — $1,400,000 (-$100,000)

Property Overview

We are proud to present 6901 Woodman Avenue, a 55-unit RTI (Ready-To-Issue) 100% affordable housing development located in Van Nuys within the Van NuysNorth Sherman Oaks Community Plan Area of the City of Los Angeles.The project is fully RTI, allowing a developer to immediately pull permits and commence construction without additional entitlement exposure. Leveraging the City of Los Angeles' Executive Directive No. 1 (ED1) ministerial approval pathway in combination with Transit Oriented Communities (TOC) incentives, the approved plans achieve a high-density five-story residential development optimized for affordable housing execution.The approved plans call for a five-story Type V-A wood-frame structure with zero on-site parking, maximizing unit efficiency while aligning with current City housing production priorities. The design reflects cost-effective construction fundamentals relative to podium or high-rise alternatives.The building has been engineered under the 2020 City of Los Angeles Building Code and California Title 24 standards, incorporating 3-hour rated structural assemblies, STC-rated separation walls, and full life-safety compliance including NFPA-13 fire sprinklers, standpipe systems, emergency power provisions, and Fire Department access requirements per Los Angeles Fire Code. The fully detailed plans provide construction clarity and reduce technical execution risk for incoming ownership.Unlike many corridor-heavy ED1 sites, 6901 Woodman Avenue is situated within an established residential neighborhood characterized by surrounding multifamily and low-density housing rather than heavy commercial or industrial uses. This residential setting enhances long-term livability, supports tenant stability, and limits direct large-scale development competition.The property is located approximately four blocks from the future Metro Light Rail station at Vanowen Street and Van Nuys Boulevard, part of the East San Fernando Valley Light Rail Transit Project. This planned fixed-rail infrastructure will significantly enhance long-term connectivity throughout the Valley and into the broader Metro system, positioning the site within a publicly funded growth corridor benefiting from sustained transit investment.With RTI status, strong transit fundamentals, and a residential neighborhood setting, 6901 Woodman Avenue represents a rare opportunity to deliver high-density affordable housing with immediate construction readiness in one of the San Fernando Valley's most supply-constrained rental corridors.

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Home Details

Property type
Land
Lot size
10,008 sq ft
Days on market
91
MLS status
Active
Zoning
LAR3

Community, Schools & Utilities

Community

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None

Location & Neighborhood

6901 Woodman Avenue

Van Nuys, CA 91405

Frequently Asked Questions About 6901 Woodman Avenue

Property type: Land

The current asking price is $1,400,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 6901 Woodman Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Van Nuys, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Van Nuys property.
The MLS currently reports the property as Active. It has been listed for 91 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Filip Niculete
Phone: 8182122748
MLS ID: CLW-C112897

Available property

$1,400,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.