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$ 1,925,000
Est. payment | /mo
4 Beds
1,720 SqFt
$ 1,925,000
Est. payment | /mo
4 Beds
1,720 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,720 sqft
Price per Sqft $1,119
MLS Listing ID CL26645443
Bedrooms 4
HOA Y/N No
Year Built 1948
Lot Size 10,243 Sqft
Acres 0.24
Property Sub-Type OTHER
Property Description
An exceptional development opportunity awaits at 11903 Burbank Boulevard, a fully entitled multifamily development site located in the highly desirable neighborhood of Valley Village, California. This offering presents a unique chance for a developer to acquire a project with approvals in place for a 23-unit modern apartment building spanning six stories above grade with the potential for an additional 3 to 4 ADUs to be added (Buyer to conduct their own investigations.) This 10,259 square foot corner lot at the intersection of Burbank Boulevard and Radford Avenue is currently an existing 4-unit multifamily property with 3 units being tenant occupied. It has been entitled under the Transit Oriented Communities (TOC) Tier 3 program, providing significant density bonuses that maximize the site's development potential. The current approvals encompass a well-designed mix of studios, one-bedroom, and two-bedroom units, complete with subterranean parking and modern resident amenities.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N false
View None
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 2340034021
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Listed by Sevak Keshishian • Marcus & Millichap
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