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$ 1,600,000
Est. payment | /mo
8,491 Sqft Lot
$ 1,600,000
Est. payment | /mo
8,491 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25008391
HOA Y/N No
Lot Size 8,491 Sqft
Acres 0.19
Property Sub-Type Unimproved Land
Property Description
Fantastic location to build an entitled 5 story on grade apartment project consisting of a total of 22 units (18 apartments and 4 ADUs and including 2 very low income units) in Sherman Oaks. The entitled site currently has a 2,040 sq.ft. industrial/light manufacturing building on it with a month to month tenant. The plans consist of 6 one bedroom/one bath units, 10 one bedroom plus den/two bath units, 2 two bedroom plus den/2 bath units and 4 ADUS which can be made into three bedroom/2.5 bath units, and 150 square feet of commercial space. The project parks 8 stalls. * .189 acres; 8,519.6 sq.ft. * Project is a TOC3 entitled project located directly adjacent to the Orange Line Metro station * Project is located directly across the street from the Studio City DASH (which drops off at Valley College) * Project is located less than a half a mile from Valley College * Project is located adjacent to a market, bakery, pizza, dry cleaners and other neighborhood services
Location
State CA
County Los Angeles
Zoning LAC1
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 2343001018
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Listed by Scott Pinkerton • Century 21 Masters
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "