11903 Burbank Blvd

Los Angeles CA 91607

1720 sq. ft.

10243 sq. ft.

Other

Currently for sale - view listing

Overview

An exceptional development opportunity awaits at 11903 Burbank Boulevard, a fully entitled multifamily development site located in the highly desirable neighborhood of Valley Village, California. This offering presents a unique chance for a developer to acquire a project with approvals in place for a 23-unit modern apartment building spanning six stories above grade with the potential for an additional 3 to 4 ADUs to be added (Buyer to conduct their own investigations.) This 10,259 square foot corner lot at the intersection of Burbank Boulevard and Radford Avenue is currently an existing 4-unit multifamily property with 3 units being tenant occupied. It has been entitled under the Transit Oriented Communities (TOC) Tier 3 program, providing significant density bonuses that maximize the site's development potential. The current approvals encompass a well-designed mix of studios, one-bedroom, and two-bedroom units, complete with subterranean parking and modern resident amenities.

Features

4 bedrooms

4 bathrooms

4 carspaces

4 open car spaces

1720 sq. ft. floor area

10243 sq. ft. lot size

Other

Property history for 11903 Burbank Blvd

2020

Sold

$1,350,000

31 Aug 2020 by Reza Ghobadi, of Reza Ghobadi

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Local market activity for 4 bedroom other properties in Los Angeles

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Sevak Keshishian

at Marcus & Millichap

View listing

Sales:: (619) 566-0008

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