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9938 Commerce Ave Lot • Terrain commercial • 0,43 Acres • 2 302 080 $ CAD • Tujunga, CA 91042
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- The Neema Group is pleased to present a development opportunity located at 9938 Commerce Ave in Tujunga
- The 18,530 SF lot is zoned C2-1, offering developers multiple paths to maximize value
- Rare opportunity to acquire land in the supply-constrained community of Tujunga
- Vacant lot on the corner of Tujunga Canyon Blvd & Commerce Ave
- At the asking price, the property is being offered at a low $89 PSF with no tenants or leases in place
RÉSUMÉ DE L'ANNONCE
The Neema Group is pleased to present a development opportunity located at 9938 Commerce Ave in Tujunga, a vacant lot on the corner of Tujunga Canyon Blvd & Commerce Ave.
The 18,530 SF lot is zoned C2-1, allowing for 47 units by-right or up to 64 units through California’s Density Bonus program, offering developers multiple paths to maximize value. The site is also eligible for an ED-1 100% affordable housing project, giving a developer the opportunity to maximize density and decrease entitlement time.
At the asking price, the property is being offered at a low $89 PSF with no tenants or leases in place. Rare opportunity to acquire land in the supply-constrained community
of Tujunga—providing residents with convenient access to Sunland, La Cañada Flintridge, Pasadena, Glendale, Burbank, and the broader San Fernando Valley.
Located in a submarket with strong demographics, the average household income within a 5-mile radius is over 113,000; there is a significant affordability gap between renters and homeowners as the median home value within 5 miles of the subject property is over $800,000.
The 18,530 SF lot is zoned C2-1, allowing for 47 units by-right or up to 64 units through California’s Density Bonus program, offering developers multiple paths to maximize value. The site is also eligible for an ED-1 100% affordable housing project, giving a developer the opportunity to maximize density and decrease entitlement time.
At the asking price, the property is being offered at a low $89 PSF with no tenants or leases in place. Rare opportunity to acquire land in the supply-constrained community
of Tujunga—providing residents with convenient access to Sunland, La Cañada Flintridge, Pasadena, Glendale, Burbank, and the broader San Fernando Valley.
Located in a submarket with strong demographics, the average household income within a 5-mile radius is over 113,000; there is a significant affordability gap between renters and homeowners as the median home value within 5 miles of the subject property is over $800,000.
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 2 302 080 $ CAD | Taille du lot | 0,43 AC |
| Prix par AC | 5 411 692,85 $ CAD |
| Prix | 2 302 080 $ CAD |
| Prix par AC | 5 411 692,85 $ CAD |
| Taille du lot | 0,43 AC |
1 1
Walk Score®
Très pratique à pied (86)
Impôts fonciers
| Numéro de lot | 2568-013-001 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 530 956 $ CAD | Évaluation totale | 530 956 $ CAD |
Impôts fonciers
Numéro de lot
2568-013-001
Évaluation du terrain
530 956 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
530 956 $ CAD
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9938 Commerce Ave
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