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11903 Burbank Blvd, Valley Village, CA, 91607

4beds
4baths
1,720sqft
$1,925,000
$1,119price/sqft
$12,414/moest. monthly cost
$496,560/yrincome needed

About This Home

An exceptional development opportunity awaits at 11903 Burbank Boulevard, a fully entitled multifamily development site located in the highly desirable neighborhood of Valley Village, California. This offering presents a unique chance for a developer to acquire a project with approvals in place for a 23-unit modern apartment building spanning six stories above grade with the potential for an additional 3 to 4 ADUs to be added (Buyer to conduct their own investigations.) This 10,259 square foot corner lot at the intersection of Burbank Boulevard and Radford Avenue is currently an existing 4-unit multifamily property with 3 units being tenant occupied. It has been entitled under the Transit Oriented Communities (TOC) Tier 3 program, providing significant density bonuses that maximize the site's development potential. The current approvals encompass a well-designed mix of studios, one-bedroom, and two-bedroom units, complete with subterranean parking and modern resident amenities.

Getting Around

70
WalkingVery Walkable
0
TransitVery Limited Transit
86
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1948

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall Unit(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,720
  • Total interior livable area: 1,720 sqft

Property

Details

  • Parcel number: 2340034021
  • Zoning: LAR3
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 10,240 sqft

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4