6901 Woodman Avenue, Van Nuys, CA 91405
Local realty services provided by:CENTURY 21 Lois Lauer Realty
6901 Woodman Avenue,Van Nuys, CA 91405
$1,400,000
- 0.23 Acres
- Lots / Land
- Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26857399
Source:CRMLS
Price summary
- Price:$1,400,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:26857399
- Added:111 day(s) ago
- Updated:October 28, 2026 at 12:02 PM
Structure and exterior
- Lot area:0.23 Acres
Finances and disclosures
- Price:$1,400,000
New listings near 6901 Woodman Avenue
- Coming Soon
$850,000Coming Soon3 beds 2 baths999 sq. ft.7426 Dempsey Avenue, Van Nuys, CA 91406
MLS# PW26230824Listed by: JOHNHART REAL ESTATE - Coming Soon
$499,000Coming Soon2 beds 2 baths1,113 sq. ft.14960 Victory Boulevard #101, Van Nuys, CA 91411
MLS# 26103294Listed by: RODEO REALTY - Coming Soon
$538,000Coming Soon2 beds 2 baths1,355 sq. ft.15335 Magnolia Boulevard #214, Sherman Oaks, CA 91403
MLS# 26103065Listed by: THE COLLECTIVE REALTY - Coming Soon
$950,000Coming Soon5 beds 2 baths1,727 sq. ft.7051 Shoshone Avenue, Van Nuys, CA 91406
MLS# SR26223138Listed by: KYLE MATHEWS CA REALTY - New
$795,000Active4 beds 3 baths1,750 sq. ft.14412 Killion Street #110, Sherman Oaks, CA 91401
MLS# 26104744Listed by: EQUITY UNION - Open Sat, 1 to 4pmNew
$1,249,000Active3 beds 2 baths1,646 sq. ft.6819 Cantaloupe Avenue, Van Nuys, CA 91405
MLS# BB26228319Listed by: PRIME REALTY AND LOANS INC. - New
$1,499,999Active0.14 Acres6401 Whitman Avenue, Los Angeles, CA 91406
MLS# CL26104722Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$389,900Active2 beds 2 baths930 sq. ft.15425 Sherman Way #240, Van Nuys, CA 91406
MLS# CV26231364Listed by: COMPLETE HOME REALTY - New
$1,499,999Active0.14 Acres6401 Whitman Avenue, Lake Balboa, CA 91406
MLS# 26104722Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$389,900Active2 beds 2 baths930 sq. ft.15425 Sherman Way #240, Van Nuys, CA 91406
MLS# CV26231364Listed by: COMPLETE HOME REALTY