6767 Hayvenhurst Ave, Los Angeles, CA 91406

Evanisko Realty & Investment, Inc., as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 51,558 Sq. Ft. of land in the Lake Balboa neighborhood of the City of Los Angeles.

The flat vacant corner site is walking distance to one of Los Angeles’ largest recreation amenities; Sepulveda Basin. The development of multiple residential product typologies are possible on the site from traditional single family to dense forms of deed restricted apartments leveraging state bonus density policy.

AHIP (Affordable Housing Incentive Program) to produce deed restricted housing

Yield Potential: Over 150 units assuming three over garage and an average unit size of approx. 650 SF.

Planning Mechanisms Required: Site qualifies for Limited State Incentive Table on AHIP Referral Form because it is in a Low Vehicle Travel Area. This qualifies the site for unlimited density. FAR will be an off-menu request of which the City of LA has issued countless Letters of Compliance under similar contexts.