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7216 Valmont Street, Tujunga, CA 91042

Commercial property

7216 Valmont Street, Tujunga, CA 91042 Sold March 2023 CRMLS
$2,700,000Sold March 2023

Listing Agent: Tereza Toramanyan (DRE #02038821) · Listing Office: Coldwell Banker Hallmark · Contact: 818-476-3000 · Bought with: Ken Jacobi · California Wide Properties · MLS #GD22181771 · Source: CRMLS

8,715
Building Sq Ft
43,551 sqft
Lot Size
1957
Year Built
LAR3
Zoning
Commercial property
Type

About this commercial property

Calling out all investors, builders and developers for this rare opportunity! Zoning is R3-2. Per seller intended to accommodate multiple family use with a maximum density of up to 54 units per acre. Underground parking can be made legally. A 20 foot gap will need to be left from Elmo street in the back for fire access. Buyer advised to investigate. Masonic meeting hall/lodge with a structure totaling 8,715 SF is situated on a 1 acre flat lot. Located in a desirable Tujunga neighborhood. The Parcel is zoned “R-3” medium density Multi-Family, Los Angeles, allowing for various residential uses. The single story building was built in 1957 and it features an auditorium, meeting hall, rooms/offices, a kitchen and restrooms. Site improvements include: an asphalt paved rear and side yards, fountain, planter beds and fencing. A partial unfinished basement is located under the southern end of the building.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$2,700,000
Sold March 2023 · listed $3,500,000, on market August 2022 · MLS #GD22181771 · Source: CRMLS
Listing Agent: Tereza Toramanyan · Listing Office: Coldwell Banker Hallmark · Contact: 818-476-3000 · Bought with: Ken Jacobi · California Wide Properties
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