13559 Burbank Boulevard, Van Nuys, California 91401, Van Nuys, 91401 - 3 bed, 3 bath
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Van Nuys, California 91401
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98 words.
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156 characters.
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"positioned below the **$1,801,034 Fair Market Value** <span class="text-green-600 font-bold underline">by 0%</span>".
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"Use when showing equity potential".
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Blue: <span class="text-blue-600 font-bold">Real Estate Developers</span>
Purple: <span class="text-purple-600 font-bold">Institutional Investors</span>
Final check on the "Bold Highlights".
- Asset Classification: **R3-Zoned Development Asset**
- List Price: **$1,799,999**
- Fair Market Value: **$1,801,034**
- Equity Amount: **$1,
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13559 Burbank Boulevard Subject | $1,799,999* List Price | 3 | 3 | 1,822 | $923 | - |
A 6044 Woodman Active | $1,450,000 List Price | 3 | 2 | 1,888 | $768 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a development opportunity for its R3-zoned land rather than a habitable residence. Built in 1947 and positioned for multi-unit residential development, the listing focuses on land value and conceptual renderings, indicating the existing structure is intended for demolition.
The R3-zoned parcel offers a rare opportunity for multi-unit residential development, allowing for significant density and long-term value creation.
Situated on Burbank Boulevard in the Valley Glen area, the property provides high visibility and convenient access to major transit routes and local amenities.
The approximately 7,000 sq ft lot serves as an exceptional blank slate for developers looking to capitalize on the high demand for housing in Van Nuys.
The list price of nearly $1.8 million represents a high cost basis for land, which may compress margins unless a high-density project is successfully executed.
As development standards and feasibility must be independently verified by the buyer, the lack of pre-approved permits introduces significant timeline and regulatory risk.
Rare opportunity to acquire an approximately 7,000 sq ft R3-zoned parcel positioned for multi-unit residential development. An exceptional canvas for investors and developers looking to capitalize on density potential and long-term value creation.Conceptual architectural renderings have been prepared for illustrative purposes only. Buyer and their respective representatives to independently verify all zoning, density, development standards, and feasibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,822 | 1,873 | 47% |
| Lot Size | 6,514 | 6,752 | 39% |
| Price | $1.80M | $1.33M | 83% |
| Price per sq ft | $988 | $728 | 95% |
| Built year | 1947 | 1951 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 174 | 8% |
Feb 23, 2026
$1,799,999
Initial Listing
Mar 27, 2007
$625,000
Public Record