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    7701 Sepulveda Blvd

    Van Nuys, CA 91405
    • $2,075,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 21-679902
    New On Site 4 Days Ago
    $2,075,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    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.

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    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.
    www.bellavistaestates.us/homes/113243356
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    7701 Sepulveda Blvd Van Nuys, CA 91405

    • Price: $2,075,000
    • Status: Active
    • ID#: 21-679902
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    Neighborhood:
    East Van Nuys
    County:
    Los Angeles
    Area:
    East Van Nuys
    Property 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.
    Exterior Features

    Cross Streets Sepulveda Boulevard And Saticoy Street Lot Size Area 14544 View Description None View YN No

    Property Features

    Cable YN Yes Potential Usage Build 35 Units By Right And A Maximum Build Of 50 Units. Current Owner Has Preliminary Plans For Development Of 14542 Complex Comprised Of 42 Units. Present Use Existing improvements include Street-Front Retail StoreOffice And Large Parking Lot. Sale Type Standard Source Lot Size Area Vendor Enhanced Zoning Lac2

    Listing provided courtesy of Max Berger DRE# of Compass.


    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.
     
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    Harcourts Bella Vista Realty
    22156 Sherman way Suite D
    Canoga Park CA, 91303