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Listed by Warren Berzack • Lee & Associates
$ 1,250,000
Est. payment | /mo
8,415 Sqft Lot
$ 1,250,000
Est. payment | /mo
8,415 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25070823
Lot Size 8,415 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Price Reduced - Fully Entitled RTI 15-Unit Development Site. New 4-story, 15 unit apartment building over on-grade parking garage utilizes by-right density bonus per LAMC 12.22A.31 Tract No. 3018, Lots 15 & 16. Requirement to provide 2 affordable units. $83,333 per developable unit, $148 per foot for the land. Very close to the new metro line coming down Van Nuys Blvd. Majority two bedroom units.
Location
State CA
County Los Angeles
Area Pc - Panorama City
Zoning LSR,NL
Exterior
View None
Building
Water District - Public
Others
Tax ID 2653015009
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884