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Mixed-Use

8745 Parthenia Pl

8745 Parthenia Pl, Los Angeles, CA 91343

Listing Price: $1,898,000

Lot Size
0.30 acres
Price/Acre
$6,295,833
Land Type
Land
Buildable Square Feet
25,512

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 8745 Parthenia Place, a development opportunity located in the North Hills submarket of Los Angeles, CA.

Investment Highlights

  • Large ± 13,128 Square Foot Lot Zoned LAC2-1!
  • New 4 Story Residential - 40-Unit Apartment Building! (8 Studios, 20 One-Bedroom and 12 Two-Bedroom) and 1 Commercial Story!
  • Current Structure Offers 4,411 Square Feet of Rentable Space. Potential for Gross Rent of $8,000 ± During Entitlements!
  • Great Space for a Medical Office (Large Parking Lot)
  • Easy Access to the 405 Highway!
  • Short Commute to Major Employment Centers in the San Fernando Valley Such as Burbank, Sherman Oaks, Glendale and Los Angeles.

Exclusively Listed By

Financing By

Listing Price: $1,898,000

Lot Size
0.30 acres
Price/Acre
$6,295,833
Land Type
Land
Buildable Square Feet
25,512

Investment Highlights

  • Large ± 13,128 Square Foot Lot Zoned LAC2-1!
  • New 4 Story Residential - 40-Unit Apartment Building! (8 Studios, 20 One-Bedroom and 12 Two-Bedroom) and 1 Commercial Story!
  • Current Structure Offers 4,411 Square Feet of Rentable Space. Potential for Gross Rent of $8,000 ± During Entitlements!
  • Great Space for a Medical Office (Large Parking Lot)
  • Easy Access to the 405 Highway!
  • Short Commute to Major Employment Centers in the San Fernando Valley Such as Burbank, Sherman Oaks, Glendale and Los Angeles.

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 8745 Parthenia Place, a development opportunity located in the North Hills submarket of Los Angeles, CA.

Exclusively Listed By

Financing By

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