Multi-Family
180 Unit Development Site
8846 Sepulveda Blvd, Los Angeles, CA 91343
Listing Price: $9,980,000
Investment Overview
Marcus & Millichap is pleased to present a 180 Unit development site located in the San Fernando Valley in North Hills, California. The property is currently being used as a car dealership which has the potential to generate $22,000 of rent per a month. The corner lot is 44,841 sq. ft. (1.03 ACRES) zoned C2-1 with over 300 feet of frontage on Sepulveda Boulevard.
Exclusively Listed By
Listing Price: $9,980,000
Investment Highlights
- 180 Unit Project
- On Grade Parking
- Plans Submitted With 2022 Building Codes
- No Ellis Act
- Minimal Demolition
- $22,000 Per Month Rent Possible As Current Car Dealership
Investment Overview
Marcus & Millichap is pleased to present a 180 Unit development site located in the San Fernando Valley in North Hills, California. The property is currently being used as a car dealership which has the potential to generate $22,000 of rent per a month. The corner lot is 44,841 sq. ft. (1.03 ACRES) zoned C2-1 with over 300 feet of frontage on Sepulveda Boulevard.
Exclusively Listed By
