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11146 Lorne st - Lorne Townhome Project 0.6 Acres of Commercial Land Offered at $2,250,000 in Sun Valley, CA 91352
INVESTMENT HIGHLIGHTS
- Townhome Style Homes with Attached Garages (easy rental market)
- Located across the Sun Valley Watershed Wetland Park Project
- Low Construction Costs (no underground parking)
- Located Near Parks/Public transit
- Due to Unit Style, Apartment will generate high Rental Income
EXECUTIVE SUMMARY
Unique 17-unit Townhome Apartment project in the heart of Sun Valley, Conveniently located right across the park and the Sun Valley Watershed Wetland Park Project, as well as near public transportation. The Wetland Park Project proposes to convert a 46-acre, engineered, inert landfill into a multi-purpose wetlands park. Step into a project with groundwork already completed and the flexibility to execute your vision. Save time, reduce costs, and maximize your return
The Project consists of three buildings, totaling 26,740 sq ft (avg 1,572 sqft per unit) . Each unit is a townhome with an attached garage. Given the unit type/style of the Apartment Complex, the properly will generate high rental income (~4,750 a unit).
Developer can also turn this project into 34-unit a low housing apartment complex.
The Project consists of three buildings, totaling 26,740 sq ft (avg 1,572 sqft per unit) . Each unit is a townhome with an attached garage. Given the unit type/style of the Apartment Complex, the properly will generate high rental income (~4,750 a unit).
Developer can also turn this project into 34-unit a low housing apartment complex.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,250,000 | Lot Size | 0.60 AC |
| Price Per AC | $3,747,276.98 |
| Price | $2,250,000 |
| Price Per AC | $3,747,276.98 |
| Lot Size | 0.60 AC |
L-shaped lot totaling 26,155 sq. ft., combining parcels 11144 & 11148 Lorne Ave (now 11146 Lorne Ave). The unique configuration provides flexibility for development, optimal site planning, and potential for high-density townhome construction. Lot 14,
DESCRIPTION
Property currently consists of 3 single=family homes on a 26,155 Lot
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Walk Score®
Very Walkable (70)
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11146 Lorne st - Lorne Townhome Project
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