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8745 Parthenia Pl - Develop Up to 55 Units in North Hills 0.3 Acres of Commercial Land Offered at $6,230,250 CAD in North Hills, CA 91343



EXECUTIVE SUMMARY
Development Opportunity – 8745 Parthenia St., North Hills, CA
55-Unit Multifamily Project | Delivered RTI | Includes 6 Low-Income Units
This shovel-ready project is being delivered with a fully approved Ready-to-Issue (RTI) permit, allowing immediate construction without delays.
Highlights:
55 total units, including 6 affordable low-income apartments
All plans, entitlements, and approvals are complete and included
RTI status saves months of permitting time and significant soft costs
Strong rental demand in a high-growth San Fernando Valley location
Tier 3 TOC incentives with parking and open space reductions approved
Centrally located near major transit lines, schools, retail, and dining.
Contact:
Global Premier Properties, Inc.
DRE #02122929
Phone: (818) 518-4007
Email: hajooo@yahoo.com
55-Unit Multifamily Project | Delivered RTI | Includes 6 Low-Income Units
This shovel-ready project is being delivered with a fully approved Ready-to-Issue (RTI) permit, allowing immediate construction without delays.
Highlights:
55 total units, including 6 affordable low-income apartments
All plans, entitlements, and approvals are complete and included
RTI status saves months of permitting time and significant soft costs
Strong rental demand in a high-growth San Fernando Valley location
Tier 3 TOC incentives with parking and open space reductions approved
Centrally located near major transit lines, schools, retail, and dining.
Contact:
Global Premier Properties, Inc.
DRE #02122929
Phone: (818) 518-4007
Email: hajooo@yahoo.com
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $6,230,250 CAD | Lot Size | 0.30 AC |
| Price Per AC | $20,672,613.11 CAD |
| Price | $6,230,250 CAD |
| Price Per AC | $20,672,613.11 CAD |
| Lot Size | 0.30 AC |
8745 Parthenia Place offers a central location near key amenities. Close to a Metro station for easy commuting, near bustling shopping centers like Panorama Mall, and surrounded by parks, schools, and diverse dining options.
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 2654-012-024 | Improvements Assessment | $1,248,960 CAD |
| Land Assessment | $1,518,198 CAD | Total Assessment | $2,767,159 CAD |
PROPERTY TAXES
Parcel Number
2654-012-024
Land Assessment
$1,518,198 CAD
Improvements Assessment
$1,248,960 CAD
Total Assessment
$2,767,159 CAD
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8745 Parthenia Pl - Develop Up to 55 Units in North Hills
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