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11015 Aqua Vista St - Premier Dev. Site Steps to Ventura Blvd 0.24 Acres of Residential Land Offered at $2,100,000 in Studio City, CA 91602
Investment Highlights
- 10,592 Square Foot Lot Zoned LAR3
- Excellent Studio City Location with Proximity to Retail/Dining Options and Public Transportation
- Strong Residential Development Opportunity for Investors/Developers
- Single-Family-Residence on Property is Vacant
- Existing Ownership has Acquired Demo Permits with Approved Plans
- Located in the Employment Hub of Studio City Near Many Significant Employers
Executive Summary
11015 Aqua Vista Street in Studio City is a 10,592-square-foot lot, zoned LAR3, that currently hosts a vacant 1,274-square-foot home built in 1908. Current
ownership has obtained permits and has approved plans to demolish the structure.
The offering presents the opportunity for experienced developers and investors to acquire a significant asset in one of LA’s most desirable locations and
develop it into a strong investment property.
At the corner of Aqua Vista Street and Vineland Avenue, the location is ideal for would-be tenants due to its proximity to dining and entertainment attractions,
multiple major employers, and major transportation hubs. Specifically, the site is located minutes from the 101, 134, and 170 freeways, as well as the nearby
Metro B Line (Red) at the Universal / Studio City Station stop.
ownership has obtained permits and has approved plans to demolish the structure.
The offering presents the opportunity for experienced developers and investors to acquire a significant asset in one of LA’s most desirable locations and
develop it into a strong investment property.
At the corner of Aqua Vista Street and Vineland Avenue, the location is ideal for would-be tenants due to its proximity to dining and entertainment attractions,
multiple major employers, and major transportation hubs. Specifically, the site is located minutes from the 101, 134, and 170 freeways, as well as the nearby
Metro B Line (Red) at the Universal / Studio City Station stop.
Property Facts
| Price | $2,100,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | ||
| Zoning | LAR3 | ||
| Price | $2,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.24 AC |
| Zoning | LAR3 |
1 Lot Available
Lot
| Price | $2,100,000 | Lot Size | 0.24 AC |
| Price Per AC | $8,664,152.69 |
| Price | $2,100,000 |
| Price Per AC | $8,664,152.69 |
| Lot Size | 0.24 AC |
10,592 square foot lot, zoned LAR3 that currently hosts a vacant 1,274 square-foot hime built in 1908. Current ownership has obtained permits and has approved plans to demolish the structure.
1 1
Walk Score®
Very Walkable (79)
Property Taxes
| Parcel Number | 2366-019-001 | Improvements Assessment | $185,765 |
| Land Assessment | $743,078 | Total Assessment | $928,843 |
Property Taxes
Parcel Number
2366-019-001
Land Assessment
$743,078
Improvements Assessment
$185,765
Total Assessment
$928,843
Contacts
-
Jeff
Louks
-
Elliot
Sabag
-
Brett
Sanson
-
Rich
Johns
-
Nick
Astrupgaard
-
Michael
Criswell
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11015 Aqua Vista St - Premier Dev. Site Steps to Ventura Blvd
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