$2,150,000
Total Views 3,722
0.6 Acres
$3,588,117 Price per Acre
26,101 Sq Ft Lot

Highlights

  • 0.6 Acre Lot
  • Park or Greenbelt View
  • Park
  • Property is near park
  • No HOA
  • 5-minute walk to Sun Valley Recreation Park

About This Lot

Development opportunity! Offering includes two parcels sold together as a single assemblage with multiple addresses: 11144 Lorne St., 11146–11148 Lorne St., and 8032 N Fair Ave, Sun Valley. Approved plans in process for 17 unit townhome style apartment units (26,740 sq. ft) with attached garages. 15 units with 3 bedrooms and 3.5 bathrooms. 1 unit with 2 bedrooms and 2.5 bathrooms. 1 unit with 1 bedroom and 1.5 bathrooms. 33 private parking spaces. RTI anticipated in approximately 6–9 months. In the heart of Sun Valley just minutes from major freeways - I-5 and I-170, close to the Burbank airport, downtown LA and nearby major studios. This opportunity for redevelopment offers convenience and walkability to a nearby public park and new future 46-acre Rory M. Shaw Wetlands Park that will reinforce long-term neighborhood value and sustainability.

Listing Agent

Sona Sevan Balayan-Nalbandyan

Lincoln Estates Inc. Brokerage Phone: 818-437-8412 License #02249976 Listed on: 02/04/2026

Property Details

Property Type

  • Land

Lot Details

  • 0.6 Acre Lot
  • Density is 16-20 Units/Acre
  • 2314-006-015
  • Property is zoned RLA1

Additional Features

  • Park or Greenbelt Views
  • Property is near park

Listing and Financial Details

  • Assessor Parcel Number 2314006016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Property Type

Land

Lot Details

0.6 Acres

Listing Details

  • Road Frontage Type: Access Road, City Street
  • View: Yes
  • Zoning: RLA1
  • Property Type: Land
  • Parcel Number: 2314006016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 82.38

Exterior Features

  • View: Park/Greenbelt

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2314-006-015
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Park Nearby
  • Lot Size Sq Ft: 26100.00
  • Lot Size Acres: 0.5992

Multi Family

  • Lot Size Area: 26100.0000 Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,718 $358,683 $236,756 $121,927
2024 $4,718 $351,651 $232,114 $119,537
2023 $4,628 $344,757 $227,563 $117,194
2022 $4,415 $337,998 $223,101 $114,897
2021 $4,356 $331,372 $218,727 $112,645
2020 $4,392 $327,975 $216,485 $111,490
2019 $4,228 $321,545 $212,241 $109,304
2018 $4,147 $315,241 $208,080 $107,161
2016 $835 $40,740 $23,579 $17,161
2015 $826 $40,129 $23,225 $16,904
2014 $846 $39,344 $22,771 $16,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 For Sale $2,150,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Van Nuys
Grant Deed $618,000 Fidelity Van Nuys
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26022167

California Regional Multiple Listing Service (CRMLS)

APN: 2314-006-016

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