Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Executive Summary

38,878 SF/0.89 Acre Development Site in Prime Sun Valley | Fully Entitled 97-Unit Affordable Housing Development Site | RTI Delivery or Cleared Vacant Land With Alternative Redevelopment Potential (Affordable or Market Rate) Buyer's Option - Demolition complete/site is cleared

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units - Senior
  • Planned Unit Development
Total Lot Size 0.89 AC
Opportunity Zone Yes
Zoning Q]P-1L-CDO-CUGU

1 Lot Available

Lot

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

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2314-006-027
Land Assessment
$560,887
Improvements Assessment
$1,308,767
Total Assessment
$1,869,654
  • Listing ID: 39958755

  • Date on Market: 3/30/2026

  • Last Updated:

  • Address: 11039 Strathern St, Sun Valley, CA 91352

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}