Se Connecter/S’inscrire
Votre courriel a été envoyé.
11903 Burbank Blvd Lot • Résidentiel • 0,24 Acres • 2 635 460 $ CAD • Valley Village, CA 91607
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Approvals secured for 23-unit multifamily project
- TOC Tier 3, providing 70% density bonus
- 19 subterranean parking spaces
- Highly visible corner lot at Burbank Blvd & Radford Ave
- Opportunity to redesign for higher density or convert 3 or 4 fitness rooms to ADUs
- Pre-construction, ready for developer to advance to construction
Résumé de l'annonce
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.)
Offered at $1,925,000, 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.
This project represents an ideal opportunity for a local developer looking to build immediately under the current approvals or to redesign for a potentially higher-density project, capitalizing on the site's prime location and favorable zoning while earning a return to help with property tax and insurance costs. The property's corner location provides excellent visibility and accessibility, while Valley Village's strong rental market fundamentals support robust demand for quality multifamily housing.
Offered at $1,925,000, 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.
This project represents an ideal opportunity for a local developer looking to build immediately under the current approvals or to redesign for a potentially higher-density project, capitalizing on the site's prime location and favorable zoning while earning a return to help with property tax and insurance costs. The property's corner location provides excellent visibility and accessibility, while Valley Village's strong rental market fundamentals support robust demand for quality multifamily housing.
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par AC (CAD) |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Dépenses d’exploitation |
$99,999
|
$9.99
|
| Total des dépenses |
$99,999
|
$9.99
|
| Revenu net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par AC | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par AC | $9.99 |
Faits sur la propriété
| Prix | 2 635 460 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Résidentiel |
| Condition de vente | Projet de redéveloppement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,24 AC |
| Zonage | R-3-1 TOC Tier 3 - The property's TOC Tier 3 designation provides substantial benefits, including the 70% density bonus that enabled the current 23-unit entitlement. | ||
| Prix | 2 635 460 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,24 AC |
| Zonage | R-3-1 TOC Tier 3 - The property's TOC Tier 3 designation provides substantial benefits, including the 70% density bonus that enabled the current 23-unit entitlement. |
1 Lot disponible
Lot
| Prix | 2 635 460 $ CAD | Taille du lot | 0,24 AC |
| Prix par AC | 11 191 340,02 $ CAD |
| Prix | 2 635 460 $ CAD |
| Prix par AC | 11 191 340,02 $ CAD |
| Taille du lot | 0,24 AC |
The development site at 11903 Burbank Boulevard offers a clear and well-defined project scope, with key entitlements and parameters already established.
Description
The property occupies a prominent corner position at the intersection of Burbank Boulevard and Radford Avenue, providing excellent visibility and dual-street frontage. The R-3-1 zoning with TOC Tier 3 overlay creates a favorable regulatory environment for multifamily development, with streamlined approval processes and significant density bonuses that maximize development potential. The site's pre-construction status means that while entitlements for 23 units are in place, the plans have not yet reached the "ready-to-issue" stage. This provides a strategic opportunity for a buyer to either advance the existing plans to completion or to redesign the project entirely, potentially capturing additional density or modifying the unit mix to optimize market positioning and financial returns.
1 1
Walk Score®
Très pratique à pied (70)
Bike Score®
Très cyclable (86)
Impôts fonciers
| Numéro de lot | 2340-034-021 | Évaluation totale | 2 000 597 $ CAD |
| Évaluation du terrain | 1 556 021 $ CAD | Impôts annuels | (1 $) CAD |
| Évaluation des bâtiments | 444 577 $ CAD | Année d’imposition | 2025 |
Impôts fonciers
Numéro de lot
2340-034-021
Évaluation du terrain
1 556 021 $ CAD
Évaluation des bâtiments
444 577 $ CAD
Évaluation totale
2 000 597 $ CAD
Impôts annuels
(1 $) CAD
Année d’imposition
2025
1 de 10
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
11903 Burbank Blvd
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.