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9701 Vesper Ave
Panorama City CA 91402 US

$5,600,000

Active Listing ID 24-384031
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Lot: 0.75 Acres
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Other

$5,600,000

Active Listing ID 24-384031
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9701 Vesper Ave We are proud to present for sale a Ready-to-Issue ED1-vested 133 Unit Affordable Housing Project on a massive 32, 681 SF corner lot in a low-density area. Designed with efficiencies in mind, this fully stacked on-grade design features 107 1+1 and 26 2+1 units (for a total of around 73, 277 SF of rentable space), along with large Recreation Rooms (one of which could be used as a Fitness Room), a large PATH Office space, a Leasing office, large Bike Storage, additional rentable storage areas, and 35 side-by-side parking spaces inside the project with potential for 10 more spaces behind the building. The design features garage access exclusively from the alley. The property is located in a residential neighborhood with a storage business next door, which should keep things on the quiet side. The area is on a schedule to bring massive changes, with the coming arrival of the East San Fernando Valley Light Rail Transit Project, with a planned station at Woodman and Van Nuys, potentially less than half a mile away! The Light Rail will connect to the Orange / G Line, which connects to the Red / B Line as well as MetroLink, opening access to the greater Los Angeles area without the need of a car! Close to the 405 and the 5 freeways, this property is directly north of the Primestor High-Rise Complex Project at Panorama Mall, which will bring 4.5 million square feet of housing, hotel and commercial uses to the area, which already has many jobs and a high demand rental market! The property is also walking distance to parks, supermarkets, restaurants and Arleta High School. Listing includes two APNs: 2650-021-004 and 2650-021-005.

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Property Features

  • Facts
  • Lot Size: 0.75 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 5600000
  • unparsedaddress: 9701 Vesper Ave
  • postalcity: Panorama City
  • stateorprovince: CA
  • country: US
  • postalcode: 91402
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.75
  • lotsizeunits: Acres
  • lotsizearea: 0.75
  • livingareaunits: Square Feet
  • latitude: 34.246525
  • longitude: -118.450745
  • listagentfullname: Dario Svidler
  • listagentemail: dario@svidlercre.com
  • listagentkey: 3yd-CLAWCA-C101197
  • listagentmlsid: C101197
  • listagentpreferredphone: 3104326400
  • listagentofficephone: 3104326400
  • listofficekey: 3yd-CLAWCA-X74054
  • listofficemlsid: X74054
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • listingcontractdate: 2024-04-24
  • listagenturl: http://beverlyhills.yourkwoffice.com/home
  • countyorparish: Los Angeles
  • parcelnumber: 2650-021-004
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.450745, 34.246525
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Listing Changed: 4/25/2024 7:23:26 PM GMT
Source Updated Date: 5/15/2024 6:59:28 AM GMT

Courtesy of: Dario Svidler, Keller Williams Beverly Hills, dario@svidlercre.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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