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… Read More 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. Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
112
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,720
Lot Size
0.24 Acres
Year Built
1948
MLS Number
26645443
30 Days Snapshot Of 91607
$2.17M
+79%
(avg) sold price
7
+16%
homes sold
85
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
1,720 sq ft, Built in 1948, Levels: One
Cooling
Wall Unit(s), Wall/Window
Disclosures
Rent Control
Garage
Driveway
Heating
Wall
Lot
LotAcreage: 0.2351, LotSizeArea: 10,243
Parking
OpenOtherSpacesTotal: 4, TotalParking: 4
Property
NumberOfUnits: 4, Zoning: LAR3
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