8745 Parthenia Place

    North Hills, CA 91402
    • $1,950,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: DW18292678
    UPDATED: 50 min ago
    $1,950,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    There is a building of 4,411 square foot, a single-story office building originally constructed in1956. The current zoning of C2-1 will potentially allow for the development of multifamily residentialconstruction. According to the city of Los Angeles' zoning density, C2 is considered the same as R4 forresidential uses. On a by-right basis, this would allow for a maximum of 33 units without the inclusion of apossible density bonus of up to 35% in additional density. Owner has paid the initiation fee for the density bonus which should allow for 45 units to be built. THE PARTHENIA PLACE DEVELOPMENT is located in the heart of the San Fernando Valley near the major intersection of Sepulveda Boulevard and Parthenia Street in North Hills. The property is adjacent to other retailshops and the immediate area consists of single and multifamily residential, plus other retail servicing the area. There is a McDonalds and 99 Cents Only Store at intersection of Sepulveda and Parthenia nearby.CLOSE PROXIMITY TO SCHOOLS - Our Lady of Peace Catholic School is nearby and teaches grades Kinder Gartenthrough 8th grade. Langdon Avenue Elementary is within walking distance of the property and teaches grades Kthrough 5. The current enrollment is over 580 students. The Rosa Parks Learning Center is also within walkingdistance teaching grades K through 5. This school has an enrollment of over 750 students.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-01-21T10:28:57.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/90122105

    8745 Parthenia Place North Hills, CA 91402

    • Price: $1,950,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: DW18292678
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    NOH - North Hills
    County:
    Los Angeles
    Area:
    NOH - North Hills
    Property Description
    There is a building of 4,411 square foot, a single-story office building originally constructed in1956. The current zoning of C2-1 will potentially allow for the development of multifamily residentialconstruction. According to the city of Los Angeles' zoning density, C2 is considered the same as R4 forresidential uses. On a by-right basis, this would allow for a maximum of 33 units without the inclusion of apossible density bonus of up to 35% in additional density. Owner has paid the initiation fee for the density bonus which should allow for 45 units to be built. THE PARTHENIA PLACE DEVELOPMENT is located in the heart of the San Fernando Valley near the major intersection of Sepulveda Boulevard and Parthenia Street in North Hills. The property is adjacent to other retailshops and the immediate area consists of single and multifamily residential, plus other retail servicing the area. There is a McDonalds and 99 Cents Only Store at intersection of Sepulveda and Parthenia nearby.CLOSE PROXIMITY TO SCHOOLS - Our Lady of Peace Catholic School is nearby and teaches grades Kinder Gartenthrough 8th grade. Langdon Avenue Elementary is within walking distance of the property and teaches grades Kthrough 5. The current enrollment is over 580 students. The Rosa Parks Learning Center is also within walkingdistance teaching grades K through 5. This school has an enrollment of over 750 students.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet View NeighborhoodValley View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features CurbsSidewalksStorm DrainsStreet LightingValley Country Us Distance To Water Comments 0 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lac2

    Listing provided courtesy of Eric Mandell of Apex Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-01-21T10:28:57.497. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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