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14419 Riverside Dr
Sherman Oaks, CA 91423
RTI Site | 12 Unit Development | · Land For Sale
·
0.30 AC
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.30 AC |
| Zoning | LARD1.5 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.30 AC |
| Zoning | LARD1.5 |
Description
We are pleased to present 14419 Riverside Drive, a high profile 12-unit RTI development opportunity in prime Sherman Oaks, CA. The property is comprised of approximately 0.30 acres (12,998 SF) lot area zoned RD1.5. The offering currently has entitlements for a 3-story 12-unit apartment building consisting of (4) 1+1 units, (6) 2+2 units, and (2) 3+2 units. The proposed gross building area totals 16,508 square feet. The offering is ideally located in the epicenter of the South San Fernando Valley, which boasts high-profile demographics, dense immediate population, high barriers to entry and strong market fundamentals yielding an investor/landlord favored market with significant growth potential.
Property Taxes
| Parcel Number | 2248-005-024 | Improvements Assessment | $594,940 |
| Land Assessment | $2,286,812 | Total Assessment | $2,881,752 |
Property Taxes
Parcel Number
2248-005-024
Land Assessment
$2,286,812
Improvements Assessment
$594,940
Total Assessment
$2,881,752
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