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Single-Family

16 Single-Family Lot Development Opportunity

9100 Telfair Ave, Los Angeles, CA 91352

Listing Price: $3,390,000

Lot Size
0.70 acres
Price/Acre
$4,813,181
Land Type
Land
Buildable Square Feet
30,680

Investment Overview

Marcus & Millichap is pleased to present an exceptional opportunity to acquire a vacant site with irreplaceable entitlements for a small lot subdivision of 16 market-rate single-family homes in a gated community. The property is located on Telfair Avenue, between Sheldon Street and Wicks Street in the City of Los Angeles’ Sun Valley neighborhood, which is at the base of the Verdugo Mountains, in the San Fernando Valley. The site is conveniently minutes from major business centers, shopping centers, restaurants, entertainment, transportation, major parks, schools, and hiking trails. The North Hollywood Arts District is a short 10-minute drive and Downtown Burbank is a short 12-minute drive from the site. The homes are designed to offer convenience and value with efficient, yet comfortable space planning in mind. The homes are up to 2,074 square feet and all feature 4 bedrooms, 3.5 baths and a 2-car garage with side-by-side parking. Additionally, the homes are perfectly designed for multigenerational living and for a build for rent community. You can get in the ground soon to take advantage of positive local market indicators.

Investment Highlights

  • Great San Fernando Valley Location
  • Min. To Employment, Retail, Restaurants, Entertainment, Transportation, Parks, Schools & Hiking Trails
  • Just North Of The NoHo Arts District, Downtown Burbank & The Hollywood Burbank Airport
  • Irreplaceable Entitlements With A Recorded Tract Map
  • Competition Almost Non-Existent With Limited Number Of Single-Family Developments & Very Low Inventory Of Single-Family Resales In The Valley
  • Significant Private & Public Investments In The Immediate Area Including A New $190M Seven-Soundstage Media Production Campus
  • Homes Designed For The Traditional, Multigenerational & The Build For Rent Markets
  • Ability To Offer A Detached Product For The Same Price Range As An Attached Product Nearby

Exclusively Listed By

Financing By

Single-Family

16 Single-Family Lot Development Opportunity

Listing Price: $3,390,000

Lot Size
0.70 acres
Price/Acre
$4,813,181
Land Type
Land
Buildable Square Feet
30,680

Investment Highlights

  • Great San Fernando Valley Location
  • Min. To Employment, Retail, Restaurants, Entertainment, Transportation, Parks, Schools & Hiking Trails
  • Just North Of The NoHo Arts District, Downtown Burbank & The Hollywood Burbank Airport
  • Irreplaceable Entitlements With A Recorded Tract Map
  • Competition Almost Non-Existent With Limited Number Of Single-Family Developments & Very Low Inventory Of Single-Family Resales In The Valley
  • Significant Private & Public Investments In The Immediate Area Including A New $190M Seven-Soundstage Media Production Campus
  • Homes Designed For The Traditional, Multigenerational & The Build For Rent Markets
  • Ability To Offer A Detached Product For The Same Price Range As An Attached Product Nearby

Investment Overview

Marcus & Millichap is pleased to present an exceptional opportunity to acquire a vacant site with irreplaceable entitlements for a small lot subdivision of 16 market-rate single-family homes in a gated community. The property is located on Telfair Avenue, between Sheldon Street and Wicks Street in the City of Los Angeles’ Sun Valley neighborhood, which is at the base of the Verdugo Mountains, in the San Fernando Valley. The site is conveniently minutes from major business centers, shopping centers, restaurants, entertainment, transportation, major parks, schools, and hiking trails. The North Hollywood Arts District is a short 10-minute drive and Downtown Burbank is a short 12-minute drive from the site. The homes are designed to offer convenience and value with efficient, yet comfortable space planning in mind. The homes are up to 2,074 square feet and all feature 4 bedrooms, 3.5 baths and a 2-car garage with side-by-side parking. Additionally, the homes are perfectly designed for multigenerational living and for a build for rent community. You can get in the ground soon to take advantage of positive local market indicators.

Exclusively Listed By

Financing By

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