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Listed by: Francis Evanisko DRE #01790747 | Evanisko Realty & Investment (818) 985-9700
$5,877,000
-- Bed
- -- Bath
30,735sqft lot
5950 Cedros Ave, Van Nuys, CA 91411
$5,877,000
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Land
Built in -
$-- HOA
30,735 sqft lot
$191/sq.ft
Description
We are pleased to present the opportunity to acquire fee simple interest in 5950 N. Cedros Ave. (et. al. addressees) AKA the “Valley Metro” development site; a 30,735 SF transit-oriented development opportunity. The site is just steps from the intersection of the new East Valley Metro line stop AND the Orange Line at Van Nuys Blvd. and Oxnard St.
In addition to its transit-oriented location, the values appurtenant to the base zoning couldn’t be any more enticing for the permitting and funding of affordable housing. The site’s yield will be dictated by the taste of the developer and their capital constraints and not by zoning policy as virtually all entitlement path...
Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
30,735 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25172430
MLS Status
Pending
Days on Market
143
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