5452 & 5434 Laurel Canyon Blvd, Valley Village, CA 91607
Unique ED1-qualified opportunity in one of the busiest intersections in Valley Village, CA!
Marketing description
Unentitled ±220 Unit Mixed-Use Development Site in Prime Valley Village
AiCRE Partners presents a unique ED1-qualified opportunity at the corner of Laurel Canyon Blvd and Albers St, one of the busiest intersections in Valley Village, CA. This ±0.80-acre flat site is located in a high-demand, transit-oriented zone, ideal for developing up to ±220 affordable housing units with 6,000 SF of ground-level retail.
Positioned between the NoHo Arts District and Studio City and just off the Chandler Blvd Transit Corridor, the property benefits from the CEQA streamlining under AB 130 and SB 131, enabling developers to significantly reduce entitlement time and risk.
Perfect for mission-driven developers and impact investors focused on LA's housing crisis, this development-ready site offers strong potential returns in one of the city’s most supply-constrained submarkets.
Investment highlights
ED1-qualified for 100% affordable housing
±220 units + ±6,000 SF retail allowed
Flat 0.80-acre corner lot
Chandler Blvd Transit Corridor adjacent
CEQA exemption under AB 130 & SB 131
Strong local demand for affordable housing
High foot/vehicular traffic intersection
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