Description
Reduced! we are proud to present for sale a ready-to-issue ed1-vested 133 unit affordable housing project on a massive 32,681 sf corner lot in a low-density area. designed with efficiencies in mind, this fully stacked on-grade design features 107 1+1 and 26 2+1 units (for a total of around 73,277 sf of rentable space), along with large recreation rooms (one of which could be used as a fitness room), a large path office space, a leasing office, large bike storage, additional rentable storage areas, and 35 side-by-side parking spaces inside the project with potential for 10 more spaces behind the building. the design features garage access exclusively from the alley. the property is located in a residential neighborhood with a storage business next door, which should keep things on the quiet side. the area is on a schedule to bring massive changes, with the coming arrival of the east san fernando valley light rail transit project, with a planned station at woodman and van nuys, potentially less than half a mile away! the light rail will connect to the orange / g line, which connects to the red / b line as well as metrolink, opening access to the greater los angeles area without the need of a car! close to the 405 and the 5 freeways, this property is directly north of the primestor high-rise complex project at panorama mall, which will bring 4.5 million square feet of housing, hotel and commercial uses to the area, which already has many jobs and a high demand rental market! the property is also walking distance to parks, supermarkets, restaurants and arleta high school. listing includes two apns: 2650-021-004 and 2650-021-005.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47616071
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.7503
- Lot Size Dimensions: 230x142
- Lot Size Source: Assessor
- Lot Size Square Feet: 32681
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Listing Information
Listing Price Information
- Original List Price: 4,999,999
- Listing Contract Date: 2024-11-11
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2650021004
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: PC - Panorama City
- Postal Code Plus 4: 1026
- Directions: East of the 405, West of the 5, South of the 118. By Van Nuys Blvd.
- Zoning: (T)(Q)C1-1 Tier 3 / (T)(Q
- Source Property Type: Land
- Area: PC - Panorama City
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/23/2024 @ 21:20
- MLS: 24462347
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 32,681 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Panorama City , in zip code 91402, this Los Angeles County Land are nearby neighborhoods.