$4,500,000
NEW CONSTRUCTION

Estimated payment $26,941/month

Total Views 219
0.3 Acre
$14,920,424 Price per Acre
13,138 Sq Ft Lot

Highlights

  • New Construction
  • No HOA
  • 2-minute walk to North Hills Community Park
  • Valley Academy of Arts & Sciences Rated A-

About This Lot

Lot Size: ±13,128 SF
Zoning: C2-1
Price: $4,500,000
Sale Type: Delivered RTI – 55 Units
APN: 2654-012-024

Project Highlights:

Fully RTI (Ready-to-Issue Permits)
55-Unit Multifamily Development (6 ELI units)
6 Stories over 1-Level Basement Garage
28 Auto Spaces + 51 Bike Spaces
TOC Tier 3 Incentives Used
No Guest Parking Required
Unit Mix:

Unit Type Count Approx. Size (SF)
Studio 5 ~397 SF
1 Bed / 1 Bath 35 486–880 SF
2 Bed / 2 Bath 15 1,038–1,150 SF
Total 55 —

Parking Summary:

28 Total Required by TOC Tier 3
51 Bicycle Spaces (45 long-term, 6 short-term)
10 EV spaces
1 ADA-accessible space

Open Space:

Required: 5,875 SF
Provided (after TOC reduction): 4,500 SF
Balconies: 3,000 SF
Roof Deck: 1,500 SF

Location Highlights:

Centrally located in the San Fernando Valley
Close to transit, freeways, and amenities

Listing Agent

Muhammad Faisal

Global Premier Properties, Inc. Brokerage Phone: 818-522-1040 License #01895039 Listed on: 07/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,186

Lot Details

  • 0.3 Acre Lot
  • Value in Land
  • Property is zoned LAC2

Home Design

  • New Construction
  • Planned Development

Additional Features

  • Urban Location
  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 226
  • Tax Tract Number 2800
  • Assessor Parcel Number 2654012024
  • $1,095 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$24,186

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAC2
  • New Construction: Yes
  • Property Type: Land
  • Parcel Number: 2654012024
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 342.57

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 13136.00
  • Lot Size Acres: 0.3016

Multi Family

  • Lot Size Area: 13136.0000 Square Feet

Tax Info

  • Tax Census Tract: 1175.20
  • Tax Lot: 226
  • Tax Tract Number: 2800
  • TaxOtherAnnualAssessmentAmount: 1095.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 $24,186 $1,924,740 $1,056,006 $868,734
2023 $23,728 $1,887,000 $1,035,300 $851,700
2022 $22,648 $1,850,000 $1,015,000 $835,000
2021 $11,592 $896,786 $493,233 $403,553
2019 $11,265 $870,189 $478,604 $391,585
2018 $10,936 $853,127 $469,220 $383,907
2016 $13,886 $1,109,575 $776,704 $332,871
2015 $13,690 $1,092,909 $765,038 $327,871
2014 $13,745 $1,071,501 $750,052 $321,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $4,500,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,850,000 Ticor Title Company
Grant Deed $820,000 Ticor Title Company Of Ca
Grant Deed $1,000,000 Orange Coast Title
Grant Deed -- None Available
Grant Deed $560,000 Ticor Title Company
Interfamily Deed Transfer -- --
Grant Deed $350,000 Fidelity National Title
Grant Deed $220,000 Fidelity National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 Commercial
Previous Owner $792,602 Commercial
Previous Owner $700,000 Commercial
Previous Owner $750,000 Commercial
Previous Owner $392,000 Commercial
Previous Owner $58,500 Commercial
Previous Owner $227,500 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25158503

California Regional Multiple Listing Service (CRMLS)

APN: 2654-012-024