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9849 Lemona Ave
North Hills, CA 91343
Small Lot Residential Subdivision Dev. Site · Land For Sale · 1.35 AC

INVESTMENT HIGHLIGHTS

  • Rare Development Site Ideally Suited for Small Lot Residential Subdivision or Owner-User
  • Proximity To 405 Freeway, 118 Freeway, 5 Freeway & Desirable Retail Amenities
  • Urban San Fernando Valley Trade Area Demographics - Huge Demand For Housing Units
  • Large +/- 59,042 SF (1.35 Acre) Rectangular Parcel with Recently Renovated (Rentable) Single Family Residence
  • Strong Underlying Real Estate Fundamentals | Active Development Trade Area

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Single Family Residence
Total Lot Size 1.35 AC
Zoning RA-1 - Residential / Agricultural Zoning (Very Low Density Residential) Highest & Best Use Zoning Is Projected To be LAR1 (Low Density Residential)

DESCRIPTION

Current Use: Single Family Residential / Agriculture Current Improvements: +/- 1,898 | 3 Bed, 1.5 Bath recently renovated / rent-able single family residence. Excess land with plant nursery related improvements (*) (*) Formerly utilized in conjunction with Owner's Family's plant nursery business. Traffic Count: +/-17,500 VPD (Lassen Street & Noble Ave)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2650-001-017
Land Assessment
$587,300
Improvements Assessment
$0
Total Assessment
$587,300
  • Listing ID: 28853486

  • Date on Market: 6/26/2023

  • Last Updated:

  • Address: 9849 Lemona Ave, North Hills, CA 91343

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