Investment Overview

Marcus and Millichap is pleased to present a 245 Unit project located in North Hills, in the San Fernando Valley. The project includes a unit mix of 185: 1 Beds, 30: 2 Beds and 30 Studios. The 100% affordable project is a rare one since it was designed with 140 parking spots unlike other affordable projects. The 54,667 sq. ft. 7 story structure will be built on grade with no need to excavate for under ground parking. The property is fully entitled and needs to be taken to RTI status in order to start construction. A buyer will not have to demolish any structures on the site or relocate any tenants.