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$9,950,000
Est. payment /mo
2.46 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SR25090427
HOA Y/N No
Lot Size 2.457 Acres
Property Description
Evanisko Realty & Investment, Inc., as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 14920 Sherman Way (et. al. addressees) AKA the “Infill Canvas SFV” development site; a 2.44-acre transit-oriented development opportunity with frontage on two streets (Sherman and Kester) steps from the burgeoning transit intersection of Van Nuys Boulevard and Sherman Way.
The planning department's allotment of values appurtenant to the zoning (for example: CHIP ? MIIP ? TOIA ? T-2) will allow for more units and scope than one would likely execute – density will therefore be driven not by policy allowances but by desired construction typology and desired parking ratio.
We look forward to proactive discourse with the market in our effort to select a buyer-partner who will envision a future painted with housing on this San Fernando Valley infill development canvas!
The planning department's allotment of values appurtenant to the zoning (for example: CHIP ? MIIP ? TOIA ? T-2) will allow for more units and scope than one would likely execute – density will therefore be driven not by policy allowances but by desired construction typology and desired parking ratio.
We look forward to proactive discourse with the market in our effort to select a buyer-partner who will envision a future painted with housing on this San Fernando Valley infill development canvas!
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning P1-1VL
Interior
Fireplace No
Exterior
Community Features Urban, Valley
View Y/N Yes
View City Lights, Mountain(s), Neighborhood
Building
Lot Description 36-40 Units/Acre, 31-35 Units/Acre, Irregular Lot, Lot Over 40000 Sqft, Over 40 Units/Acre, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 2220005024
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Government Loan
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Government Loan
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=5g-tnvvvVv0&feature=youtu.be
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Listed by Francis Evanisko Evanisko Realty & Investment 213-200-6957, DRE #01790747
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