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$2,700,000

FOR SALE
Active

15226 Parthenia Street

Los Angeles, CA

MLS# 26896681

80 days on marketNalren refreshed

Listing Agent

Megan Husri

Listing Agent

Keller Williams Studio City

DRE #: 02089901

(818) 432-1500

Brokerage: Keller Williams Studio City

David Weinberger

Co-Listing Agent

Keller Williams Studio City

DRE #: 01349349

Brokerage: Keller Williams Studio City

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

N/A

Year Built

0.42 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY! 15226 Parthenia Street is a compelling affordable housing development opportunity in the heart of North Hills. This 18,339 SF lot presents a rare opportunity to develop a 100% affordable housing project within one of the Valley's most active and established affordable housing neighborhoods. Located within a 1/2 mile of a Major Transit Stop and utilizing Citywide Housing Incentive Programs, this site has no maximum density and is otherwise only limited by FAR and Height. Based on these parameters, the site may accommodate approximately 100 residential units, subject to design efficiency and required development standards.Pricing for this opportunity offers developers an attractive basis well below prevailing market land values for affordable housing projects. Affordable housing developers commonly pay between $50,000 and $100,000 per buildable unit for land, while 15226 Parthenia St is being offered at approximately $27,000 per potential unit. Buyer to independently verify all zoning, density, FAR, parking, entitlement, affordability program eligibility, development potential and governmental requirements

Facts & Features

Exterior

Lot Features
Rectangular Lot

Parking

Parking Total
0

Community / HOA

HOA
No

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CRMLS

MLS# 26896681

Listed:

Nalren refreshed:

Last updated

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IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Keller Williams Studio City

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.