LA LIVE PROPERTIES is pleased to present our fantastic Mission Hills Commercial Corner. Prime Investment / Development opportunity. Great exposure and visibility. Located at the Southeast corner of San Fernando Mission Blvd, and Marklein Ave, one block west of Sepulveda Blvd “Near All Car Dealers”. Easy access from 405, 118, and 5 freeways. The site consists of 40,402 SF, with 121’ frontage on San Fernando Mission Blvd, and 208’ on Marklein Ave.
THE NEW DESIGN is a proposed construction for Two Story Commercial Building with 11,011 sf first floor (Retail Level), and 4,325 sf on second floor for a total of 15,336 sf of total floor area. Secure subterranean parking is consisting of 66 spaces, and 30 on ground parking spaces for a total of 96 parking spaces.
Property is currently ZONED (T)RS-1 (Q)C21 allows Auto Sales, Service Station, Car Rental, Auto Repair, Motor Shop, Tire Shops, Parking Lot, Garage or any Automotive related business since is strategically located near prestige Car Dealers. Other uses will allow Offices, Hotels, Hospitals, Clinics, Retail with Limited Manufacturing, Churches, Schools, Retail Construction Business, and light industrial. The submarket area is densely populated with 413,080 persons within a Five Mile radius of the property, with average income of $101,574 and median home values of $566,308.