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14061 Terra Bella St 6,664 SF Specialty Building Offered at $4,795,000 CAD in Arleta, CA 91331
Investment Highlights
- Located At A Hard-Corner, Signalized Intersection Of Terra Bella Street And Canterbury Avenue
- Excellent Redevelopment Potential For Market-Rate Or Affordable Multifamily Units
- Positioned In A Rapidly Densifying Neighborhood With Strong Housing Demand
- Current Site Improvements Include A Single-Family House And Commercial Church/School Building
- Immediate Access To I-5, 170, And 405 Freeways For Quick Connectivity To Major Business Districts
- Close To Regional Transit Options And Within Driving Distance To Bob Hope Airport
Executive Summary
This property represents a compelling infill development opportunity in the thriving San Fernando Valley submarket. Positioned at a hard-corner, signalized intersection of Terra Bella Street and Canterbury Avenue, the parcel offers excellent visibility and accessibility. With approximately 1.5 acres and current improvements that include a single-family residence and a church/school building, the site provides flexibility for redevelopment into multifamily or mixed-use housing to meet growing demand.
The A2-1 zoning and location within the City of Los Angeles position the property for outstanding regional connectivity. Immediate access to major transportation corridors, including the 5, 170, and 405 Freeways, ensures efficient links to Downtown Los Angeles, West LA, and key employment centers. The San Fernando Valley’s ongoing transformation into a higher-density residential corridor, coupled with consistent demographic growth, elevates long-term value and development appeal.
The A2-1 zoning and location within the City of Los Angeles position the property for outstanding regional connectivity. Immediate access to major transportation corridors, including the 5, 170, and 405 Freeways, ensures efficient links to Downtown Los Angeles, West LA, and key employment centers. The San Fernando Valley’s ongoing transformation into a higher-density residential corridor, coupled with consistent demographic growth, elevates long-term value and development appeal.
Property Facts
| Price | $4,795,000 CAD | Lot Size | 1.55 AC |
| Price Per SF | $719.54 CAD | Building Size | 6,664 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1952 |
| Property Subtype | Religious Facility | Tenancy | Single |
| Building Class | C | ||
| Zoning | LAA2 - Agricultural Zone Allowing Rural Residential Living Mixed with Agricultural Activities | ||
| Price | $4,795,000 CAD |
| Price Per SF | $719.54 CAD |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 6,664 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Tenancy | Single |
| Zoning | LAA2 - Agricultural Zone Allowing Rural Residential Living Mixed with Agricultural Activities |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,269,712 CAD | |
| Land Assessment | $2,433,341 CAD | Total Assessment | $3,703,052 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,433,341 CAD
Improvements Assessment
$1,269,712 CAD
Total Assessment
$3,703,052 CAD
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14061 Terra Bella St
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