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Multi-Family

180 Unit Development Site

8846 Sepulveda Blvd, Los Angeles, CA 91343

Listing Price: $9,980,000

Lot Size
1.03 acres
Price/Acre
$9,694,895
Land Type
Redevelopment
Buildable Square Feet
144,898

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.

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

Exclusively Listed By

Multi-Family

180 Unit Development Site

Listing Price: $9,980,000

Lot Size
1.03 acres
Price/Acre
$9,694,895
Land Type
Redevelopment
Buildable Square Feet
144,898

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

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