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26781253
26781254

9722 Tujunga Canyon Blvd, Los Angeles, CA 91042

DS
CA 01884474
Partners CRE
Listed by Partners CRE
$2,350,000
278 days on market
Updated 12 days ago

Build 20 +/- Units w/Existing Income in Tujunga

Details
APN 2564-012-015
Property Type Land
Sub Type Residential
Lot Size (SqFt) 44,776
Zoning R1-1

3 Contiguous Lots - 44,776 SF of R1 Land

Marketing description

PartnersCRE is proud to present for sale a rare acre-sized redevelopment opportunity in the Tujunga area of Los Angeles!

Consisting of three contiguous lots totaling around 44,776 square feet of land, the site currently features three small houses (one vacant) spread across two lots, along with a third undeveloped lot. The properties back up to a commercially zoned parcel on Foothill Blvd. that includes a McDonalds, an IHOP and a CVS, among other storefronts.

Zoned R1, these combined properties are perfect for CHIP density up to 20± units on the expansive land, potentially allowing for a cost-effective on-grade project that with streamlined construction in this TCAC-designated Highest Resource Area.

The existing Tenant-occupied units have been fully remodeled and rented in 2023 with good income.

The site contains a couple of protected Live Oak Trees, but given the generous lot sizes, a project could be thoughtfully designed around them.

Tujunga is known for its natural surroundings and laid-back lifestyle, while offering easy access to the 210 freewayand proximity to La Crescenta, Montrose and La Cañada Flintridge. Reach the San Fernando Valley in minutes, or take the 2 Freeway to quickly connect with the greater DTLA area.

This serene, walkable location offers green space in every direction, making it an ideal setting to build an oasis that will keep future tenants for the long term.

Site Summary and Land Use Analysis & a Tree Exhibit are available upon request.

Listing includes the following APNs: 2564-012-013, 2564-012-014, and 2564-012-015.

Investment highlights

3 Contiguous Lots - 44,776 SF of R1 Land

Perfect for CHIP - Build 20± Units

TCAC Designated Highest Resource Area

2 Tenants for Income During Entitlements

Low Density Development on an expansive Lot

Walking distance, markets, banks, restaurants, & more

Easy Access to 210 Freeway

Close Proximity to La Crescenta, Montrose, and La Cañada Flintridge

Listing Contacts

DS
CA 01884474
Partners CRE
Listed by Partners CRE

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