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$ 9,950,000
Est. payment | /mo
2.46 Acres Lot
$ 9,950,000
Est. payment | /mo
2.46 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25090427
HOA Y/N No
Lot Size 2.457 Acres
Acres 2.46
Property Sub-Type Unimproved Land
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!
Location
State CA
County Los Angeles
Zoning P1-1
Interior
Fireplace No
Exterior
View Y/N true
View City Lights, Mountain(s), Other
Building
Lot Description Irregular Lot
New Construction No
Others
Tax ID 2220005024
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Listed by Francis Evanisko • Evanisko Realty & Investment