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15555 San Fernando Mission Blvd
Mission Hills, CA 91345
Land For Sale · 0.21 AC

INVESTMENT HIGHLIGHTS

  • The Neema Group is pleased to present a development opportunity located at 1555 San Fernando Mission Blvd in Mission Hillls, a vacant lot on a corner
  • At the asking price, the property is being offered at a low $99 PSF with no tenants or leases in place
  • Located in a densely populated, affluent community with over 500,000 residents within five miles and an average household income of $102,248 within tw
  • The lot totals 9,065 SF and is zoned [T][Q]C2-1VL; previously, the site was entitled for a medical and dental office development; however, there could
  • The site is ideally located with easy access to the 405, 5, and 118 Freeways for a manageable commute throughout the San Fernando Valley; there are al
  • There is an abundance of various amenities within close proximity to the property such as retail including Starbucks, 7-Eleven, and McDonald’s, school

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Auto Repair
  • Convenience Store
  • Fast Food
  • General Freestanding
Total Lot Size 0.21 AC
Zoning LAC2

DESCRIPTION

The Neema Group proudly presents a compelling development opportunity at 1555 San Fernando Mission Blvd in Mission Hills. This vacant corner lot, strategically located just off the 405Freeway and west of Sepulveda Blvd, spans 9,065 SF. Zoned [T] [Q]C2-1VL, the site, initially entitled for a medical and dental office development, now holds potential for a 100% affordablehousing project under the recently passed ED-1 program (buyer to verify).This investment opportunity combines a strategic location, development potential, competitive pricing, and a strong demographic profile. Whether pursuing the initially entitled medical and dental office development or exploring the potential for affordable housing under the ED-1 program, 1555San Fernando Mission Blvd stands as an enticing prospect for investors seeking a well-rounded and promising property in the heart of Mission Hills.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2664-010-021
Land Assessment
$912,900
Improvements Assessment
$0
Total Assessment
$912,900
  • Listing ID: 30684527

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 15555 San Fernando Mission Blvd, Mission Hills, CA 91345

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