11903 Burbank Blvd, Valley Village, CA 91607
11903 Burbank Blvd, Valley Village, CA 91607
11903 Burbank Blvd, Valley Village, CA 91607
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$1,925,000
Est. payment /mo
4 Beds
4 Baths
1,720 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,720 sqft

Price per Sqft $1,119

MLS Listing ID 26645443

Bedrooms 4

Year Built 1948

Lot Size 10,243 Sqft

Acres 0.2351

Property Sub-Type Multi-Family

Property Description

An exceptional development opportunity awaits at 11903 Burbank Boulevard, a fully entitled multifamily development site located in the highly desirable neighborhood of Valley Village, California. This offering presents a unique chance for a developer to acquire a project with approvals in place for a 23-unit modern apartment building spanning six stories above grade with the potential for an additional 3 to 4 ADUs to be added (Buyer to conduct their own investigations.) This 10,259 square foot corner lot at the intersection of Burbank Boulevard and Radford Avenue is currently an existing 4-unit multifamily property with 3 units being tenant occupied. It has been entitled under the Transit Oriented Communities (TOC) Tier 3 program, providing significant density bonuses that maximize the site's development potential. The current approvals encompass a well-designed mix of studios, one-bedroom, and two-bedroom units, complete with subterranean parking and modern resident amenities.

Location

State CA

County Los Angeles

Area Valley Glen

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s), Wall/Window

Equipment None

Exterior

Parking Features Driveway

Garage Spaces 4.0

Waterfront Description None

View Y/N No

View None

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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