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$ 3,450,000
Est. payment | /mo
0.26 Acres Lot
$ 3,450,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25198366
HOA Y/N No
Lot Size 0.260 Acres
Property Description
Affordable housing is the industry darling. This is where it should go.
Dense, zero parked (with no apologies) affordable housing. Every service, food, transit, and form of entertainment at your tenants' doorstep. The Ventura View Development Site's potential truly embodies Los Angeles's (and the San Fernando Valley's) transition to a proper urban metropolis.
Ventura View is not the dreaded and ill-conceived “South LA ED-1” project so many now connotate as the “ED-1 project”. Ventura View represents an elevated application scenario for the policy. This is where it works. This is where the City wants it to happen. In rare instances there is a meeting of the minds between economic realities and City policy…this could be such an example of that phenomena.
Dense, zero parked (with no apologies) affordable housing. Every service, food, transit, and form of entertainment at your tenants' doorstep. The Ventura View Development Site's potential truly embodies Los Angeles's (and the San Fernando Valley's) transition to a proper urban metropolis.
Ventura View is not the dreaded and ill-conceived “South LA ED-1” project so many now connotate as the “ED-1 project”. Ventura View represents an elevated application scenario for the policy. This is where it works. This is where the City wants it to happen. In rare instances there is a meeting of the minds between economic realities and City policy…this could be such an example of that phenomena.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning C2-1L
Interior
Fireplace No
Exterior
Community Features Storm Drain(s), Street Lights, Sidewalks, Urban, Valley
View Y/N Yes
View City Lights
Building
Lot Description 36-40 Units/Acre, Level, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 2264016004
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Francis Evanisko Evanisko Realty & Investment 213-200-6957
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "