1807 N Van Ness is currently a vacant single-family residence on an SB-79 eligible lot in Hollywood. But for Los Angeles multifamily investors and developers, what matters is what 1807 N Van Ness could become. Sitting on an 8,392 SF flat lot zoned RD1.5-1XL and just 0.5 miles from the Hollywood/Vermont Red Line Metro station, 1807 N Van Ness represents a genuine development opportunity in one of Hollywood's most desirable neighborhoods.

The site's zoning combined with SB-79 eligibility creates multiple pathways for redevelopment. At 1807 N Van Ness, you could build 11 units by-right, develop 26 units through mixed-income incentives, or pursue unlimited density for an affordable housing project. For Los Angeles multifamily investors, that flexibility is increasingly rare.

What You're Getting at 1807 N Van Ness

1807 N Van Ness is currently a 5-bdrm. and 3-bath single-family residence. The property will be delivered vacant at close of escrow, giving you a clean slate for development planning. The lot itself is flat and development-ready, with comprehensive analysis available through the BrickWork development report (pages 9-11 of the marketing package).

For Los Angeles multifamily development, the real opportunity at 1807 N Van Ness lies in the site's zoning and location, not the existing structure. The three development paths available make 1807 N Van Ness worth serious consideration:

Development Flexibility at 1807 N Van Ness: Three Distinct Paths Forward

One of the most compelling aspects of 1807 N Van Ness is that it doesn't force you into a single development strategy. Depending on your investment thesis and market conditions, you have three distinct options for 1807 N Van Ness:

Path 1: 11 Units By-Right at 1807 N Van Ness

The straightforward approach. Build 11 units under current zoning without needing additional approvals or incentive programs. This path works if you want to move quickly and don't need maximum density to hit your return targets at 1807 N Van Ness.

Path 2: 26 Units Mixed-Income Project at 1807 N Van Ness

Leverage SB-79 incentives combined with the Mixed-Income Incentive Program (MIIP) to develop up to 26 units at 1807 N Van Ness. This approach balances market-rate and affordable units while significantly increasing density. For many Los Angeles multifamily developers, 1807 N Van Ness represents the sweet spot between regulatory complexity and unit count.

Path 3: Unlimited Density Affordable Housing Project at 1807 N Van Ness

If your investment strategy centers on affordable housing, 1807 N Van Ness removes the density ceiling entirely. This path appeals to developers and investors focused on community impact and long-term stable returns through affordable housing programs at 1807 N Van Ness.

The BrickWork development report provides detailed analysis of each scenario for 1807 N Van Ness, including financial modeling and feasibility considerations.

Conclusion

1807 N Van Ness represents a development-ready Los Angeles multifamily opportunity in a neighborhood where multiple positive factors are aligning. Strong employment anchors, transit access, significant capital investment, and genuine zoning flexibility create a compelling foundation for development.

Whether you're considering 11 units by-right, 26 units through mixed-income incentives, or an unlimited-density affordable housing project, 1807 N Van Ness accommodates different investment strategies. The detailed BrickWork development report provides the financial and feasibility analysis needed to evaluate which path makes sense for your specific situation.

The Kenny Stevens Team has extensive experience evaluating development-ready Los Angeles multifamily sites and can help you think through how 1807 N Van Ness fits within your investment strategy and current market conditions.

Contact us to discuss the opportunity and explore whether 1807 N Van Ness aligns with your development plans.