5739 Hazeltine, Van Nuys, California 91401, Van Nuys, 91401 - 2 bed, 1 bath
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Van Nuys, California 91401
This property presents a High-Potential Investment Opportunity with a List Price of $899,900—positioned well below the $855,887 Fair Market Value by -5%. Featuring a Condition Rating of 6, the existing structures require significant capital, yet the 5,295 sqft flat lot and two-structure configuration provide exceptional versatility for ADU development or a complete rebuild. This asset is a blank canvas for Fix-and-Flip Investors or Developers seeking to maximize density and value in the Van Nuys market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5739 Hazeltine Subject | $899,900* List Price | 2 | 1 | 778 | $1,100 | - |
A 14351 Martha Active | $995,000 List Price | 2 | 1 | 1,015 | $980 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1947, this property is over 50 years old with no signs of recent renovation. The listing explicitly states it is being sold for land value, and the images confirm an unlivable condition with severe interior and exterior neglect, cracked walls, and a dirt yard.
The property features two structures on a single lot, providing a unique opportunity for ADU development or multi-generational living configurations.
The 5,295 square foot lot is completely flat, which significantly reduces site preparation costs and simplifies the construction process for new builds or expansions.
Marketed for land value with 'tons of potential,' this property serves as a prime blank canvas for investors looking to capitalize on the high demand in the Van Nuys market.
Being sold for land value suggests the existing 1947 structures are likely in disrepair, requiring substantial capital for either demolition or a complete studs-out renovation.
At nearly $900,000 for a 778 square foot living space, the high price per square foot may challenge profit margins for traditional fix-and-flip investors.
Bring your investors! Sold for land value. 2 structures on one lt. Tons of potential. Flat lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 778 | 1,521 |
| Lot Size | 5,295 | 6,602 |
| Price | $899.9K | $922.2K |
| Price per sq ft | $1.2K | $593 |
| Built year | 1947 | 1953 |
| HOA | $0 | $0 |
| Days on market | 29 | 54 |
Jun 23, 2026
$899,900
Initial Listing