Price Reduced - Fully Entitled RTI 15-Unit Development Site. New 4-story, 15 unit apartment building over on-grade parking garage utilizes by-right density bonus per LAMC 12.22A.31 Tract No. 3018, Lots 15 & 16. Requirement to provide 2 affordable units. $83,333 per developable unit, $148 per foot for the land. Very close to the new metro line coming down Van Nuys Blvd. Majority two bedroom units.
Off market
Listing Provided by:
Price Unknown
14820 Parthenia St #16, Panorama City, CA 91402
--beds
--baths
8,415Square Feet
Unimproved Land
Built in ----
8,415 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,308 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 02:57pm
Source: CRMLS,MLS#: SR25070823
Originating MLS: California Regional MLS

Facts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 8,415 sqft
- Features: No Landscaping, Rectangular Lot
Details
- Parcel number: 2653015009
- Zoning: LAR3
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Location
- Region: Panorama City
Other
Other facts
- Listing terms: Cash,Cash to New Loan