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11903 Burbank Blvd Lot | Résidentiel | 0,1 ha | À vendre | 1 661 025 € | Valley Village, CA 91607
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Approvals secured for 23-unit multifamily project
- TOC Tier 3, providing 70% density bonus
- 19 subterranean parking spaces
- Highly visible corner lot at Burbank Blvd & Radford Ave
- Opportunity to redesign for higher density or convert 3 or 4 fitness rooms to ADUs
- Pre-construction, ready for developer to advance to construction
Résumé analytique
Offered at $1,925,000, 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.
This project represents an ideal opportunity for a local developer looking to build immediately under the current approvals or to redesign for a potentially higher-density project, capitalizing on the site's prime location and favorable zoning while earning a return to help with property tax and insurance costs. The property's corner location provides excellent visibility and accessibility, while Valley Village's strong rental market fundamentals support robust demand for quality multifamily housing.
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel | Annuel par ha |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à la vacance |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Frais d’exploitation |
$99,999
|
$9.99
|
| Total des frais |
$99,999
|
$9.99
|
| Résultat net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut | |
|---|---|
| Annuel | $99,999 |
| Annuel par ha | $9.99 |
| Autres revenus | |
|---|---|
| Annuel | - |
| Annuel par ha | - |
| Perte due à la vacance | |
|---|---|
| Annuel | - |
| Annuel par ha | - |
| Revenu brut effectif | |
|---|---|
| Annuel | $99,999 |
| Annuel par ha | $9.99 |
| Taxes | |
|---|---|
| Annuel | $99,999 |
| Annuel par ha | $9.99 |
| Frais d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par ha | $9.99 |
| Total des frais | |
|---|---|
| Annuel | $99,999 |
| Annuel par ha | $9.99 |
| Résultat net d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par ha | $9.99 |
Informations sur l’immeuble
| Prix | 1 661 025 € | Type de bien | Terrain |
| Type de vente | Investissement | Sous-type de bien | Résidentiel |
| Condition de vente | Projet de requalification | Usage proposé | Logement |
| Nb de lots | 1 | Surface totale du lot | 0,1 ha |
| Zonage | R-3-1 TOC Tier 3 - The property's TOC Tier 3 designation provides substantial benefits, including the 70% density bonus that enabled the current 23-unit entitlement. | ||
| Prix | 1 661 025 € |
| Type de vente | Investissement |
| Condition de vente | Projet de requalification |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | Logement |
| Surface totale du lot | 0,1 ha |
| Zonage | R-3-1 TOC Tier 3 - The property's TOC Tier 3 designation provides substantial benefits, including the 70% density bonus that enabled the current 23-unit entitlement. |
1 Lot disponible
Lot
| Prix | 1 661 025 € | Surface du lot | 0,1 ha |
| Prix par ha | 17 429 462,03 € |
| Prix | 1 661 025 € |
| Prix par ha | 17 429 462,03 € |
| Surface du lot | 0,1 ha |
The development site at 11903 Burbank Boulevard offers a clear and well-defined project scope, with key entitlements and parameters already established.
Description
The property occupies a prominent corner position at the intersection of Burbank Boulevard and Radford Avenue, providing excellent visibility and dual-street frontage. The R-3-1 zoning with TOC Tier 3 overlay creates a favorable regulatory environment for multifamily development, with streamlined approval processes and significant density bonuses that maximize development potential. The site's pre-construction status means that while entitlements for 23 units are in place, the plans have not yet reached the "ready-to-issue" stage. This provides a strategic opportunity for a buyer to either advance the existing plans to completion or to redesign the project entirely, potentially capturing additional density or modifying the unit mix to optimize market positioning and financial returns.
Taxes foncières
| Numéro de parcelle | 2340-034-021 | Évaluation totale | 1 260 896 € |
| Évaluation du terrain | 980 697 € | Impôts annuels | -1 € |
| Évaluation des aménagements | 280 199 € | Année d’imposition | 2025 |
Taxes foncières
Présenté par
11903 Burbank Blvd
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