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- LoopNet Team
10011 Pinewood Ave
Tujunga, CA 91042
Development Opportunity · Land For Sale · 0.25 AC
Investment Highlights
- Zoned R3 on an 11,000 sqft. lot
- completed survey, soil report and grading
- comes with full plans for a 3-Story, 14-unit apartment building
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.25 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.25 AC |
Description
Nestled in the foothills of Tujunga, you will find this great property with amazing opportunities. Zoned R3 on an 11,000 sqft. lot, comes with full plans for a 3-Story, 14-unit apartment building along with completed survey, soil report and grading. Take advantage of the Density Bonus Transit Oriented Communities (TOC) Affordable Housing Development available. Walking distance to nearby shops, markets and bakeries, with a high rental demand and plenty of new developments nearby. If an apartment building is not in your interest, property has 2 existing uninhabitable residential structures with 1 detached garage in which you can renovate, expand and add ADUs (buyer to check with City).
zoning
| Zoning Code | Zoned R3 (Zoning is LAR3-1 and the site is eligible for either AB-1287, a market rate/density bonus or ED-1, a 100% affordable housing project entitlement.) |
| Zoned R3 (Zoning is LAR3-1 and the site is eligible for either AB-1287, a market rate/density bonus or ED-1, a 100% affordable housing project entitlement.) |
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