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$ 5,495,000
Est. payment | /mo
0.38 Acres Lot
$ 5,495,000
Est. payment | /mo
0.38 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25080113
HOA Y/N No
Year Built 1960
Lot Size 0.379 Acres
Property Sub-Type Mixed Use
Property Description
Unlock the potential of this prime commercial offering with RTI permits for an 82 unit affordable housing project. Situated on a 16542.70 square foot lot, the approved plans include 20 studio units and 62 one bedroom units, each ranging from 430 to 600 square feet. This layout is designed to maximize both functionality and affordability.
The project also includes 123 parking spaces, providing convenience and added value for future residents. With all permits ready to go and a fully entitled design, this is a shovel ready opportunity for immediate development.
An exceptional investment opportunity for developers, nonprofits, or housing authorities looking to bring a meaningful, income-generating project to market.
The project also includes 123 parking spaces, providing convenience and added value for future residents. With all permits ready to go and a fully entitled design, this is a shovel ready opportunity for immediate development.
An exceptional investment opportunity for developers, nonprofits, or housing authorities looking to bring a meaningful, income-generating project to market.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 2216002050
Special Listing Condition Standard
Listed by Tatevik Damadyan • JohnHart Real Estate • 818-209-3747
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