7317 Vineland Avenue, Sun Valley, CA 91352
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
7317 Vineland Avenue,Sun Valley, CA 91352
$1,950,000
- 0.32 Acres
- Lots / Land
- Active
Listed by: chris muradyan
Office: khoren muradyan818-935-9806
MLS#:BB26108238
Source:CRMLS
Price summary
- Price:$1,950,000
About this home
Seller Financing Available!!
Prime Multifamily Development Opportunity in Sun Valley, Ca.
Rare opportunity to acquire two adjacent parcels totaling approximately 13,800 SF in a strong rental market with outstanding multifamily development potential. Consisting of one 7,800 SF lot and one 6,000 SF lot, this site is zoned R3-1 and located within a Transit Oriented Community (TOC) Tier 1, offering developers the ability to maximize density and significantly reduce development costs.
Build up to 19 units by right, or take advantage of TOC incentives and density bonus programs to develop up to 38 units, with only a limited number of units required to be rent restricted (buyer to verify). An added benefit: no parking requirements, creating substantial savings and allowing for more efficient site planning and increased unit yield.
The property also features convenient rear alley access, providing added flexibility for site design, construction access, utilities, trash enclosures, and improved circulation.
Ideally situated near public transportation, major freeways, shopping, dining, and employment centers, this is an exceptional opportunity for developers and investors looking to capitalize on the continued demand for housing in the San Fernando Valley. Seller financing available, creating additional flexibility for qualified buyers and developers.
Buyer to independently verify zoning, development standards, density bonus eligibility, TOC incentives, and all building requirements with the City of Los Angeles....
Contact an agent
Home facts
- Listing ID #:BB26108238
- Added:145 day(s) ago
- Updated:October 11, 2026 at 10:55 AM
Structure and exterior
- Lot area:0.32 Acres
- Lot Features:Level with Street, Near Park, Near Public Transit, Rectangular Lot
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,950,000
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