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Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.89 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Q]P-1L-CDO-CUGU | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.89 AC |
| Opportunity Zone |
Yes |
| Zoning | Q]P-1L-CDO-CUGU |
1 Lot Available
Lot
| Lot Size | 0.89 AC |
| Lot Size | 0.89 AC |
38,878 SF/0.89 Acre Development Site in Prime Sun Valley
Description
Fully Entitled 97-Unit Affordable Housing Development Site RTI Delivery Or Cleared Vacant Land With Alternative Redevelopment Potential (Market Rate or Affordable Optionality) APPROVED 100% AFFORDABLE HOUSING PROJEC T WITH MINISTERIAL APPROVALS SECURED AND DEMOLITION COMPLETE SITE STATUS Fully entitled | Demolition complete — site cleared | Seller will deliver RTI permits at Buyer’s option | Alternative redevelopment potential (Buyer to verify) Approved 100% affordable housing development site for 97 residential units (including one manager’s unit). Ministerial approvals have been secured through ED-1 and Density Bonus pathways, significantly reducing entitlement risk and development timelines. Seller will deliver Ready-to-Issue (RTI) permits at Buyer’s option, enabling immediate construction. Alternatively, the site may be acquired as cleared vacant land for alternative redevelopment (Buyer to verify). All approved affordable units are subject to a 55-year affordability covenant. Demolition of existing improvements has been completed and the site will be delivered cleared
Property Taxes
| Parcel Number | 2314-006-027 | Improvements Assessment | $1,308,767 |
| Land Assessment | $560,887 | Total Assessment | $1,869,654 |
Property Taxes
Presented by
11039 Strathern St
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