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.
Lot/land
Listing Provided by:
Warren Berzack DRE #01329015 818-269-2979,
Lee & Associates
Price cut: $145K (6/6)
$1,250,000
14820 Parthenia St #16, Panorama City, CA 91402
--beds
--baths
8,415Square Feet
Unimproved Land
Built in ----
8,415 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
On-grade parking garage
- 115 days
- on Zillow |
- 73 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 02:57pm
Listing Provided by:
Warren Berzack DRE #01329015 818-269-2979,
Lee & Associates
Source: CRMLS,MLS#: SR25070823
Originating MLS: California Regional MLS

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 8,415 Square Feet
- Features: No Landscaping, Rectangular Lot
Details
- Parcel number: 2653015009
- Zoning: LAR3
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Location
- Region: Panorama City
Financial & listing details
- Date on market: 4/1/2025
- Listing terms: Cash,Cash to New Loan
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