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13694 Erwin Street

Valley Glen, CA 91401

$1,320,000 Sale Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
8,970 Sq. Ft.
$167 / Sq. Ft.
Sold

13694 Erwin Street

Valley Glen, CA 91401

Sold
$1,320,000 Sale Price
$0/mo
0
Bed
0
Bath
8,970
Sq. Ft.
We are proud to exclusively present for sale a rare corner Vacant Lot in Valley Glen, the middle of everything in the San Fernando Valley! Build 7+/- Units by Right or 14+/- Units by TOCor go 100% Affordable Housing and build even more! This property is ready for entitlements! Boasting 95 feet of frontage on Woodman Ave. and 95 feet of frontage on Erwin St., this very visible lot is situated on the southeast corner of the intersection. With 8,791 SF of [Q] R3-1 Tier 3 Zoning, this Vacant Lot can become can become the go-to place to rent in the area, with the street views being unobstructed and the properties in the area being low-rises or single family homes. The Q Condition limits the non-incentive height to 35 feet and the density to 1 unit per 1,200 SF, but bring your TOC or Affordable Housing ideas and make this lot shine! At about $166 Price Per SF of Land and no relocation needs, no Ellis needs and no RSO obligations, this property is priced to sell! This Central Valley location is a short distance to the Orange Line Station (about 0.2 Miles away!), so little or no parking should not be a detriment! The Orange Line serves the Valley from North Hollywood to Chatsworth, from Woodland Hills to the Metro Red Line. LA Valley College is around a mile from the property and serves approximately 20,000 students a year, many of which are from out of town and looking for the best rentals in the area. And with an average household income over $84,000 within a one mile radius, the future rental pool for a new construction Project on this lot is very promising. Sandwiched between Victory Blvd. and Oxnard St., both are destinations for shopping and dining, and some nightlife around the corner! Easy access to the 405, 101, and 170 freeways will make it an easy commute for those who prefer a car over public transportation!
PROPERTY INFORMATION
MLS # 23252895 Lot Size 8,970 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,495,000
Price Per SqFt: $ 167
DOM 771 Days
Address 13694 Erwin Street Type Land
City Valley Glen Sq.Ft. 8,970 Sq. Ft.
Postal Code 91401 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Closed
Sold Date 2023-08-03
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,595
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
03/21/2023 Listed $1,495,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

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Listing provided courtesy of Dario Svidler, Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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