Valley Village (VVL) Land for Sale

**Discover the Allure of Valley Village, California: Your Ideal Land Investment Awaits!**

Nestled in the heart of Los Angeles County, Valley Village (VVL) is a vibrant and charming community that effortlessly blends suburban tranquility with urban convenience. Known for its tree-lined streets and friendly atmosphere, Valley Village offers a unique lifestyle that appeals to families, professionals, and retirees alike. With its prime location, residents enjoy easy access to the bustling entertainment hubs of Hollywood and Burbank, as well as a plethora of shopping, dining, and recreational options.

Valley Village is characterized by its rich cultural scene and strong sense of community. The area boasts numerous parks, including the popular Valley Village Park, which features playgrounds, walking paths, and picnic areas perfect for family gatherings. The local schools are highly regarded, making it an attractive choice for families looking to settle down in a nurturing environment.

For those seeking to invest in land, Valley Village presents an exciting opportunity. With available parcels for sale, you can create your dream home or develop a property that reflects your vision. The demand for real estate in this desirable area continues to grow, making it a smart investment choice. Imagine designing a custom residence with lush gardens or a modern retreat that captures the essence of California living.

Whether you’re looking to build your forever home or invest in a promising piece of land, Valley Village is the perfect backdrop for your next chapter. Embrace the charm, community, and potential that this hidden gem has to offer!

Newest Valley Village (VVL) Land for Sale

$1,349,000

26866283 MLS ⋅ Active Status

BUILDERS, DEVELOPERS, CONTRACTORS & OWNER-USERS! Discover a rare and valued opportunity to design and build the custom home you've always envisioned in one of Valley Village's most coveted neighborhoods: An idyllic, vibrant tree lined community and wonderful place to call home! Set on an expansive 7,000+ sq. ft. mid-block lot along a picturesque, tree-lined street, this exceptional property offers the perfect setting to create a one-of-a-kind residence. Located within the highly acclaimed Colfax Charter Elementary School District (currently ranked the 9th best charter school in California!) this premier location combines the tranquility of an established residential neighborhood with outstanding convenience. Enjoy close proximity to houses of worship, beloved Valley Village Park, the North Hollywood Recreation Center and Library, Universal, CBS, Disney, Burbank and Warner Bros. Studios, the NoHo West mega complex's shopping and entertainment destination, and the eclectic boutiques, cafes, galleries, and theaters of the vibrant NoHo Arts District. Whether you're a developer, investor, or future homeowner, this is an exceptional opportunity to build your dream home and become part of one of the San Fernando Valley's most desirable communities.

12214 Huston Street, Valley Village

$2,950,000

26856035 MLS ⋅ Active Status

We are pleased to present 4635-4639 Tujunga Avenue, a fully entitled affordable housing development opportunity located in the highly desirable Studio City / Valley Village corridor of North Hollywood. Situated on a 13,805 square foot site, the property is approved for a 58-unit income-restricted apartment community and qualifies for Tier 3 Section 8 rents. Positioned within a High Resource Area under the TCAC/HCD Opportunity Map and designated as a High Opportunity Area by HUD, the project offers developers meaningful advantages for tax credit scoring while enhancing long-term investment fundamentals. Delivered vacant and fully Ready-to-Issue (RTI), the project allows a developer to commence construction immediately without entitlement risk. All discretionary approvals have been completed, eliminating years of processing time, carrying costs, and approval uncertainty, allowing investors to focus on execution rather than entitlement. The approved plans feature a highly efficient six-story Type III-A building totaling approximately 37,930 square feet of residential area. By utilizing special code provisions that eliminate the need for a costly concrete podium, the design significantly improves construction efficiency and project economics. The thoughtfully designed unit mix consists of 55 one-bedroom units, 2 two-bedroom units, and 1 three-bedroom unit, maximizing efficiency while addressing the strong demand for affordable housing throughout the San Fernando Valley. Ideally positioned at the intersection of Studio City, Valley Village, and Toluca Lake, the property offers immediate access to some of Southern California's largest employment centers, including NBCUniversal, Warner Bros. Studios, Walt Disney Studios, and the broader Burbank Media District. The surrounding neighborhoods are characterized by predominantly higher-income single-family housing with limited affordable inventory, creating sustained demand from employees seeking quality workforce housing in a high-opportunity location. Recent updates to TCAC rent schedules, effective July 1, 2026, further strengthen the investment profile. Schedule IX now permits rents of up to $2,499 for one-bedroom units, while approximately 20% of the project's units designated under Schedule VI are eligible for rents of up to $2,247. These enhanced payment standards narrow the gap between restricted and market rents, improving project underwriting and supporting stronger long-term valuations. Additionally, developers pursuing maximum yield may realize further upside through Section 8 voucher participation. Combined with HACLA's continued support for voucher mobility into high-opportunity neighborhoods, the project offers a compelling opportunity to maximize stabilized income while delivering much-needed affordable housing in one of the Valley's strongest rental markets.

4635 Tujunga Avenue, North Hollywood

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.