8846 Sepulveda Blvd
North Hills, CA 91343
Land For Sale · 1.03 AC

Marcus & Millichap is pleased to present 8846 Sepulveda Blvd, a rare opportunity to acquire a 1.02 acre marquee asset located on one of the most desirable streets in the Valley. Located on Sepulveda Blvd, this rare high-profile development deal has the ability to build up to a maximum of 152 units with ground floor retail space. With over 300 square feet of direct frontage and a multitude of amenities nearby, the prospect of owning a considerable asset such as this property has never looked more prominent. This development opportunity also has the distinct advantage of being located directly across from Van Nuys Blvd where a $1.3 Billion Project is being planned to provide a light rail from Sylmar to Sherman Oaks. Once completed, Van Nuys Blvd will become one of the most dense streets providing residents fast access to a range of shopping centers, schools medical care and much more. With roughly 9.2 miles being constructed, the light rail will contain 14 high-class train stations with end-to-end travle time of just 31 minutes. By the year 2040, daily boardings are anticipated to exceed over 30,000 daily boardings.