$1,599,000

Estimated payment $9,027/month

Total Views 736
0.42 Acre
$3,805,331 Price per Acre
18,304 Sq Ft Lot

Highlights

  • 0.42 Acre Lot
  • Rectangular Lot
  • Back and Front Yard
  • No HOA

About This Lot

Prime Development Opportunity in North Hills!
Located in the heart of North Hills, this 18,300 sq. ft. lot offers a significant development opportunity in one of the most dynamic and gentrifying areas of the San Fernando Valley. Nestled between established cities like Van Nuys, Panorama City, and North Hollywood, this property is surrounded by numerous new developments, offering excellent potential for growth.
Key Property Features:18,300 sq. ft. lot with LARD3 zoning, ideal for multifamily development
Over 61 feet of frontage, with 300 feet on the sides.
Located in an established, gentrifying area with significant new developments underway, offering convenient access to shopping and amenities
This development site brings significant environmental benefits, boosts economic development, and creates employment opportunities for the immediate area. Whether you're an investor or developer looking for your next great deal, this is an incredible opportunity to capitalize on one of the San Fernando Valley’s fastest-growing neighborhoods. Easy Freeway access to the 450,110,170,14,118,5, and 210.

Listing Agent

Hector Casillas

San Fernando Realty, Inc. Brokerage Phone: 818-310-0561 License #01184369 Listed on: 08/08/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,265

Lot Details

  • 0.42 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD3

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 242
  • Tax Tract Number 2800
  • Assessor Parcel Number 2654026021
  • $402 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$3,265

Lot Details

0

Listing Details

  • Current Use: Residential
  • Possible Use: Investment, Multi-Family, Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD3
  • Property Type: Land
  • Parcel Number: 2654026021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 87.35

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Rectangular Lot, Level
  • Lot Size Sq Ft: 18306.00
  • Lot Size Acres: 0.4202
  • Latitude Manual: 34.22330400

Multi Family

  • Lot Size Area: 18306.0000 Square Feet

Tax Info

  • Tax Census Tract: 1175.30
  • Tax Lot: 242
  • Tax Tract Number: 2800
  • TaxOtherAnnualAssessmentAmount: 402.00

Map

Range of Values:

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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 $3,265 $250,524 $159,083 $91,441
2024 $3,265 $245,613 $155,964 $89,649
2023 $3,206 $240,798 $152,906 $87,892
2022 $3,067 $236,077 $149,908 $86,169
2021 $3,025 $231,449 $146,969 $84,480
2019 $2,939 $224,586 $142,611 $81,975
2018 $2,784 $220,183 $139,815 $80,368
2016 $2,650 $211,636 $134,387 $77,249
2015 $2,613 $208,458 $132,369 $76,089
2014 $2,634 $204,376 $129,777 $74,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,599,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Fidelity National Title Co
Grant Deed $144,000 Commonwealth Land Title
Corporate Deed $125,500 World Title Company
Trustee Deed $56,587 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,463 New Conventional
Closed $140,000 No Value Available
Previous Owner $136,800 No Value Available
Previous Owner $130,471 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25178471

California Regional Multiple Listing Service (CRMLS)

APN: 2654-026-021