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- LoopNet Team
8218 Sepulveda Pl
Panorama City, CA 91402
Land For Sale
·
0.31 AC
INVESTMENT HIGHLIGHTS
- Ready-to-build 33-unit apartment building in a prime location.
- property is conveniently located near public transportation, shopping centers, etc.
- Parking: 26
- Situated in a bustling area with strong rental demand
- Opportunity zone
- Excellent unit mix: 20 units are 2 bed (mix of 1 and 2 bath), 7 units are 1 bed 1 bath, 6 units are 3 bed (mix of 1 and 2 bath) + recreation room
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Commercial | Total Lot Size | 0.31 AC |
| Zoning | R3 - Restricted Density Multiple Dwelling | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.31 AC |
| Zoning | R3 - Restricted Density Multiple Dwelling |
DESCRIPTION
*Investment Opportunity: Prime 33-Unit Apartment Building Ready for Development* Seize this unique opportunity to invest in an RTI ready-to-build 33-unit apartment building, strategically located in a thriving urban neighborhood. This project offers a remarkable chance for developers and investors to capitalize on the high demand for modern housing in a desirable area. Situated in a bustling area with strong rental demand, the property is conveniently located near public transportation, shopping centers, dining options, and recreational facilities, ensuring easy access for future residents. The project comes with complete architectural plans and permits, allowing for a swift construction timeline. This readiness minimizes risks and accelerates your return on investment. The proposed design includes a mix of 1-bedroom, and 2-bedroom apartments, catering to a diverse range of tenants. Each unit is thoughtfully designed to maximize space and comfort, featuring modern layouts and high-quality finishes. Given the growing demand for rental properties in the area, this development is poised to generate significant rental income and long-term appreciation. The combination of desirable units and a prime location offers an attractive return on investment. This is a rare chance to acquire a ready-to-build 33-unit apartment building in a prime location. With the groundwork already laid, you can move forward with construction and capitalize on the growing demand for quality housing. Don’t miss out on this exceptional investment opportunity!
