Two adjacent lots to be delivered vacant, totaling 13,562 sf., zoned RD 1.5. This Lake Balboa/Encino Glen locale offers an exciting infill development opportunity in the south San Fernando Valley. Ideally Situated near all Encino amenities and conveniences, 2 golf courses, the 101/405 freeways, Metro orange Line, and Sepulveda Blvd retail (Target, Costco, Whole Foods, Sherman Oaks Galleria), the site also enjoys a prime spot next to the beloved Sepulveda Basin Rec Center and minutes from the Van Nuys Courthouse a major regional employer.
The high-transit designation unlocks unlimited density potential, with room for ~66 units (affordable or market-rate), 4-6 stories, and a clear path to fast-track entitlements. 57,206 cars passing daily makes this a rare, high visibility multi family development opportunity in a supply-constrained market.