1.17 Acres Lot
1.17 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26216672
HOA Y/N No
Lot Size 1.167 Acres
Property Description
By leveraging density bonus (with or without concurrent subdivision processing), a coveted BTR townhome product typology is feasible.
Additionally, an architect versed in affordable housing has conducted a yield study affirming viability of a nearly 1:1 ratio grade-level parked (podium and surface) 132-unit type V apartment building with 132 comfortably sized units. Using the City's Affordable Housing Incentive Program (AHIP) the project will be ministerially processed using Expanded Administrative Review.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning R1-1
Interior
Fireplace No
Exterior
Community Features Biking, Dog Park, Street Lights, Urban, Valley
View Y/N Yes
View Hills, Valley
Building
Lot Description 0-1 Unit/Acre, 16-20 Units/Acre, 11-15 Units/Acre, 2-5 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 36-40 Units/Acre, 31-35 Units/Acre, 6-10 Units/Acre, Lot Over 40000 Sqft, Level, Over 40 Units/Acre, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 2231007025
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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