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$ 2,150,000
Est. payment | /mo
0.6 Acres Lot
$ 2,150,000
Est. payment | /mo
0.6 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26022167
HOA Y/N No
Lot Size 0.599 Acres
Property Description
Development opportunity! Offering includes two parcels sold together as a single assemblage with multiple addresses: 11144 Lorne St., 11146–11148 Lorne St., and 8032 N Fair Ave, Sun Valley. Approved plans in process for 17 unit townhome style apartment units (26,740 sq. ft) with attached garages. 15 units with 3 bedrooms and 3.5 bathrooms. 1 unit with 2 bedrooms and 2.5 bathrooms. 1 unit with 1 bedroom and 1.5 bathrooms. 33 private parking spaces. RTI anticipated in approximately 6–9 months.
In the heart of Sun Valley just minutes from major freeways - I-5 and I-170, close to the Burbank airport, downtown LA and nearby major studios.
This opportunity for redevelopment offers convenience and walkability to a nearby public park and new future 46-acre Rory M. Shaw Wetlands Park that will reinforce long-term neighborhood value and sustainability.
In the heart of Sun Valley just minutes from major freeways - I-5 and I-170, close to the Burbank airport, downtown LA and nearby major studios.
This opportunity for redevelopment offers convenience and walkability to a nearby public park and new future 46-acre Rory M. Shaw Wetlands Park that will reinforce long-term neighborhood value and sustainability.
Location
State CA
County Los Angeles
Area Sunv - Sun Valley
Zoning RLA1
Interior
Fireplace No
Exterior
Community Features Park
Utilities Available Sewer Connected
View Y/N Yes
View Park/Greenbelt
Building
Lot Description 16-20 Units/Acre, Near Park
Water Public
New Construction No
Others
Senior Community No
Tax ID 2314006016
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Sona Balayan-Nalbandyan Lincoln Estates Inc. 818-437-8412, DRE #02249976
Nearby Locations
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