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$1,199,000
Est. payment /mo
10,245 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF25265259
Lot Size 10,245 Sqft
Property Sub-Type Lots/Land
Property Description
Incredible development opportunity in the heart of Sylmar! This offering includes RTI-ready architectural renderings and full plan set for a striking, modern 18-unit multifamily apartment project featuring a sleek contemporary faade, rooftop common areas, and subterranean parking. Perfect for builders, investors, and developers looking for a shovel-ready project in a rapidly growing pocket of the San Fernando Valley. Situated on a 10,242 sq. ft. lot, the approved design includes 18 thoughtfully planned units (mix of 1BR & 2BR layouts), a 1-level subterranean garage, elevator access, and beautiful landscaping with drought-tolerant California natives. The project also incorporates Low Impact Development (LID) drainage systems, permeable hardscape, a sump pump system, and drywell infiltration per city requirementsproviding long-term sustainability and compliance. The modern architectural design showcases expansive glass elements, a bold exterior palette, and clean lines, creating a standout building in a neighborhood surrounded by both multi-family and single-family homes. This prime location offers convenient access to the 210 & 5 freeways, Mission College, Veterans Park, shopping, restaurants, and public transportation.
Location
State CA
County Los Angeles
Direction Foothill and Hubbart
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 2509013027
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Listed by Sergey Esayan Real Estate eBroker Inc.
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Nicole Hazelton-Meacham
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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