8745 Parthenia Place, North Hills, CA 91343

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Property Description

Currently, an office building sits on the 13,132 SF lot zoned LAC2. The zoning affords an investor to build 32 units by right and a maximum build of 45 units. The current owner has preliminary plans for the development of a 13,128 SF mixed-use building comprised of ground-floor commercial space and 40 units [(8) studios, (20) 1-bedrooms and (12) 2-bedrooms]. The offering is conveniently located near a wide selection of shopping malls and community centers throughout North Hills and Panorama City. Walkscore views this area as a very walkable neighborhood, with a score of 76. Please note, this can be purchased individually or as a portfolio including 7701 Sepulveda Boulevard and 18137 Parthenia Street.

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Listing courtesy of Max Berger from Compass

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.