11146 Lorne st - Commercial LAND FOR SALE


Sun Valley, CA 91352 26,155 SF
$2,250,000 USD
855-525-7654
11146 Lorne st, Sun Valley, CA for Sale
$2,250,000 USD
Commercial LAND - FOR SALE
1/6
26,155 SF

11146 Lorne st
Sun Valley, CA 91352


HIGHLIGHTS

  • Townhome Style Homes with Attached Garages (easy rental market)
  • Located Near Parks/Public transit
  • Located across the Sun Valley Watershed Wetland Park Project
  • Due to Unit Style, Apartment will generate high Rental Income
  • Low Construction Costs (no underground parking)

OVERVIEW

Unique 17-unit Townhome Apartment project in the heart of Sun Valley, Conveniently located right across the park and the Sun Valley Watershed Wetland Park Project, as well as near public transportation. The Wetland Park Project proposes to convert a 46-acre, engineered, inert landfill into a multi-purpose wetlands park. Step into a project with groundwork already completed and the flexibility to execute your vision. Save time, reduce costs, and maximize your return The Project consists of three buildings, totaling 26,740 sq ft (avg 1,572 sqft per unit) . Each unit is a townhome with an attached garage. Given the unit type/style of the Apartment Complex, the properly will generate high rental income (~4,750 a unit). Developer can also turn this project into 34-unit a low housing apartment complex.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/ACRE

$3,747,276/AC

PRICE/SF

$86 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lorne Townhome Project

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.6 AC

LAND SF

26,155 SF

OFFSITE IMPROVEMENTS

-

ZONING

RD 1.5-1-CUGU

APN/PARCEL ID

2314-006-015,2314-006-016

ASK ABOUT THIS PROPERTY

David NalbandyanLA Premier RealtyMore Info
855-525-7654

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David NalbandyanLA Premier RealtyMore Info
855-525-7654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.