7317 Vineland AVE, Sun Valley, CA 91352
7317 Vineland AVE, Sun Valley, CA 91352
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Chris Muradyan, DRE #01917814 • Khoren Muradyan
$1,950,000
Est. payment /mo
0.32 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB26108238

Lot Size 0.317 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Seller Financing Available!! Prime Multifamily Development Opportunity in Sun Valley, Ca. Rare opportunity to acquire two adjacent parcels totaling approximately 13,800 SF in a strong rental market with outstanding multifamily development potential. Consisting of one 7,800 SF lot and one 6,000 SF lot, this site is zoned R3-1 and located within a Transit Oriented Community (TOC) Tier 1, offering developers the ability to maximize density and significantly reduce development costs. Build up to 19 units by right, or take advantage of TOC incentives and density bonus programs to develop up to 38 units, with only a limited number of units required to be rent restricted (buyer to verify). An added benefit: no parking requirements, creating substantial savings and allowing for more efficient site planning and increased unit yield. The property also features convenient rear alley access, providing added flexibility for site design, construction access, utilities, trash enclosures, and improved circulation. Ideally situated near public transportation, major freeways, shopping, dining, and employment centers, this is an exceptional opportunity for developers and investors looking to capitalize on the continued demand for housing in the San Fernando Valley. Seller financing a

Location

State CA

County Los Angeles

Area Sunv - Sun Valley

Zoning LSR,LL,TNS,PRK,LX

Exterior

Utilities Available Electricity - On Site

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Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 2315025046

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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