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Informations principales sur l'investissement

  • Housing Element Site designation supports affordable housing development
  • Signalized corner location at Sepulveda Boulevard and Plummer Street
  • Located near transit, employment centers, and neighborhood retail amenities
  • Eligible for TOC, State Density Bonus Law, and LA CHIP/AHIP incentives
  • Approximately 1.28-acre urban infill development opportunity
  • Surrounded by multiple completed affordable housing developments

Résumé analytique

Located at the SEC of Sepulveda Blvd. and Plummer St., the property represents a compelling affordable housing development opportunity in the central San Fernando
Valley. The site benefits from a dense infill location with access to major employment centers, public transit, neighborhood-serving retail, and a large renter population that
continues to drive demand for affordable housing. As a designated Housing Element Site eligible for TOC, State Density Bonus Law, and LA CHIP/AHIP incentives, the
property offers a clear path to increased density, additional height, and reduced parking requirements.
The surrounding area has emerged as a proven affordable housing corridor, highlighted by the recent completion of Mission Gateway, a 356-unit income-restricted community
on Sepulveda Boulevard, as well as nearby affordable housing developments including New Directions Sepulveda I & II, Plummer Village, Rayen Apartments, and Woodland
Terrace. Together, these projects have added hundreds of affordable housing units within approximately one mile of the site, validating the location's suitability for affordable
housing and demonstrating continued public and private investment in addressing the region's housing shortage.

Informations sur l’immeuble

Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Résidentiel
Usage proposé
Commercial
  • À usage mixte
  • Logement
  • Lots d’appartement
Surface totale du lot 0,52 ha
Zonage C2 / RA - Commercial / Multi-Family

1 Lot disponible

Lot

Surface du lot 0,52 ha

±1.28-acre high-density affordable housing development site at the SWC of Sepulveda Blvd & Plummer St, North Hills, CA, eligible for TOC, State Density Bonus Law, and LA CHIP/AHIP incentives.

Description

The property consists of three parcels totaling approximately 55,748 square feet located at the intersection of Sepulveda Boulevard and Plummer Street in North Hills, California. The site includes RA-1 and C2-zoned parcels, is designated as a Housing Element Site, and is identified as eligible for affordable housing development programs including TOC, State Density Bonus Law, and LA CHIP/AHIP. The property is located within one-half mile of a major transit stop and within a very low vehicle travel area according to information provided in the development analysis.

Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
40/100
Assez praticable en vélo
30/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 2656-016-008
  • 2656-016-006
  • 2656-016-011
Évaluation du terrain
2 322 225 €
Évaluation des aménagements
527 769 €
Évaluation totale
2 849 993 €
  • ID de l’annonce: 42038072

  • Date de mise sur le marché: 03/09/2026

  • Dernière mise à jour:

  • Adresse: 9441-9459 Sepulveda Blvd, North Hls, North Hills, CA 91343

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