8025 Vineland Avenue

    Sun Valley, CA 91352
    • $8,250,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: 19439894
    UPDATED: 50 min ago
    $8,250,000
    • 0
      BEDS
    • 2.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    208+ UNIT/RETAIL BIG BOX OPPORTUNITY ZONE DEVELOPMENT SITE. 94,875 SF lot ideal for retail value add or multi-family development. Located within Opportunity Zone and TOC Tier II enabling development of 208+ units by right (buyer to verify). Close proximity to Bob Hope Airport, North Hollywood, and Studio City.Tax and density bonus incentives available: -TOC Tier II area -Opportunity Zone -NMTC Qualified Zone. Ideal for multi-family, senior housing, assisted living, and/or retail value add / development. Potential to build 208+ units by right utilizing TOC Tier II density bonus on existing zoning. Upside opportunity through pursuing rezoning of P parcel to C2. ***All Zoning, Development and Tax related information provided herein has been provided by third parties. Buyer to verify all such information and rely solely on its own due diligence.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-19T10:34:34.47. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.northsdrealty.com/homes/92301889

    8025 Vineland Avenue Sun Valley, CA 91352

    • Price: $8,250,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 19439894
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.18
    Acres
    Neighborhood:
    SUNV - Sun Valley
    County:
    Los Angeles
    Area:
    SUNV - Sun Valley
    Property Description
    208+ UNIT/RETAIL BIG BOX OPPORTUNITY ZONE DEVELOPMENT SITE. 94,875 SF lot ideal for retail value add or multi-family development. Located within Opportunity Zone and TOC Tier II enabling development of 208+ units by right (buyer to verify). Close proximity to Bob Hope Airport, North Hollywood, and Studio City.Tax and density bonus incentives available: -TOC Tier II area -Opportunity Zone -NMTC Qualified Zone. Ideal for multi-family, senior housing, assisted living, and/or retail value add / development. Potential to build 208+ units by right utilizing TOC Tier II density bonus on existing zoning. Upside opportunity through pursuing rezoning of P parcel to C2. ***All Zoning, Development and Tax related information provided herein has been provided by third parties. Buyer to verify all such information and rely solely on its own due diligence.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet View None View YN No

    Property Features

    Association Fee 0.00 Land Lease YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Jacob Zacuto of Zacuto Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-19T10:34:34.47. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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