
Van Nuys, California 91405
Analysis of 15147 Vose Street, Van Nuys, California 91405 is currently available with a list price of $2,400,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1919 and explicitly marketed for land value and development potential. The listing describes the property as a 'Developer's Dream' and 'sold AS-IS' for its 25,000+ sq. ft. lot, fitting the criteria for a tear-down with no mentioned renovations in over 50 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25022, living area = 1752.
Elementary School: Kester Avenue Elementary School (9/10).
The massive 25,022 sq. ft. R1-zoned lot offers a rare opportunity for a by-right subdivision into up to four lots, providing significant upside for developers and investors.
The existing 1919 structure is sold in as-is condition with the value placed entirely on the land, necessitating demolition or extensive remediation costs for any future use.
Realizing the property's full financial potential requires navigating complex city subdivision requirements and a substantial capital commitment for infrastructure and new construction.
Developer's Dream Rare Opportunity in the Heart of the Valley! Best development opportunity on the market! This owner-occupied property offers exceptional privacy, a prime location, and tremendous development potential. Situated on an expansive 25,000+ sq. ft. R1-zoned lot, this property is ideal for developers, investors, or builders looking to maximize value. Preliminary analysis indicates the potential for a by-right subdivision into up to four lots (buyer to independently verify all development possibilities and requirements with the City). The existing home is being offered primarily for land value and is sold AS-IS. Whether your vision is a new residential development, custom homes, or a long-term investment project, this property provides a rare opportunity to unlock significant upside. Prime location. Massive lot. Sold AS-IS for land value. Exceptional development potential and endless possibilities.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,752 | 1,521 |
| Lot Size | 25,022 | 6,602 |
| Price | $2.40M | $922.2K |
| Price per sq ft | $1.4K | $593 |
| Built year | 1919 | 1953 |
| HOA | $0 | $0 |
| Days on market | 39 | 54 |
Jun 13, 2026
$2,400,000
Initial Listing
Feb 14, 2022
$1,100,000
Public Record