Description
The 14,544 SF lot is zoned LAC2-1VL (R4 equivalent). The zoning affords an investor to build 35 units by right and a maximum build of 50 units. Existing improvements include a street-front retail store, office and a large parking lot. The current owner has preliminary plans for the development of a 14,542 SF apartment complex comprised of 42 units [(8) studios, (24) 1-bedrooms and (10) 2-bedrooms]. The offering is conveniently located near a wide selection of shopping malls and community centers throughout North Hills and Panorama City. Please note, this can be purchased individually or as a portfolio including 8745 Parthenia Place and 18137 Parthenia Street.
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The 14,544 SF lot is zoned LAC2-1VL (R4 equivalent). The zoning affords an investor to build 35 units by right and a maximum build of 50 units. Existing improvements include a street-front retail store, office and a large parking lot. The current owner has preliminary plans for the development of a 14,542 SF apartment complex comprised of 42 units [(8) studios, (24) 1-bedrooms and (10) 2-bedrooms]. The offering is conveniently located near a wide selection of shopping malls and community centers throughout North Hills and Panorama City. Please note, this can be purchased individually or as a portfolio including 8745 Parthenia Place and 18137 Parthenia Street.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-17T23:42:25.877. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.