9433 Sepulveda Boulevard

North Hills, CA
$ 7,235,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Situated within a residentially dominated segment of North Sepulveda Blvd., the Valley Villas development opportunity will offer an extremely rare opportunity to acquire a site entitled for 100% market rate townhome condominiums in the North Hills neighborhood of the City of Los Angeles just a few blocks south of Mission Hills. The site has undergone a rigorous entitlement process extending nearly six years to reach a final state of entitlement which includes an approved general plan amendment, zone change, vesting tentative tract map, building line removal, and site plan review. Most recently, a modification to VTT and CPC cases was processed and approved to allow for project phasing (unit map) of what was initially a 75-unit entitled project into a 58-unit entitled project (phase) and a 17-unit entitled project (phase). ONLY THE 58 UNIT PHASE IS BEING OFFERED FOR SALE AT THIS TIME. The recent modification to the entitlements was exacted to allow for the phased recordation of the tentative map and effectuation of zone change conditions to enable the project to be built/sold/etc. in two separate phases as separate projects. Each phase is owned by a separate landowner. The modification required technical changes to the site plan, tentative map, conditions, etc. such that each phase meets guest parking, open space, and other technical requirements. The entitled land affords the perfect opportunity to deliver attainable housing at a location that will see little to zero new housing stock due to legislative changes which have eliminated the economic viability of zone changes previously required to entitle the swaths of agriculturally zoned real estate dominating the northerly San Fernando Valley submarkets. The Valley Villas represents perhaps the last vestige of the North San Fernando Valley’s pre JJJ/Pre-Linkage Fee entitlement environment. Both build-and-sell, and build-to-rent strategies are worthy of consideration for this project. Please contact Frank Evanisko for additional information regarding your interest in acquiring this development opportunity.

Pending

  • Price
  • $ 7,235,000
  • Lot Size
  • 2.2671 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • North Hills
  • County
  • LOS ANGELES
  • Style
  • Area
  • North Hills
  • MLS#
  • SR21183534
  • Zip
  • 91343
Listing Provided by: Francis Evanisko - BRE#01790747 with Evanisko Realty & Investment -
Data Source: Crisnet MLS

Features

General

Association Y/N Yes
City North Hills
Community Features Street Lights, Urban, Valley
County Los Angeles
Days on Market 137
Directions From Los Angeles: 405 North. Exit Devonshire. Make right and then Right (South) on Sepulveda.
Listing Agent Francis Evanisko - BRE#01790747
Lot Size Square Feet 98755.00
MLS Area NOH - North Hills
Price Per Square Foot 73.26
Property Type Land
Standard Status Pending
Street Name Sepulveda
Tax Lot 1
View City Lights, Hills, Neighborhood, Valley
Zoning (T)(Q)RD1.5-1

Interior Features

Street Suffix Boulevard

Exterior Features

Lot Features 0-1 Unit/Acre, 2-5 Units/Acre, 6-10 Units/Acre, 11-15 Units/Acre, 16-20 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 31-35 Units/Acre, 36-40 Units/Acre, Lot Over 40000 Sqft, Rectangular Lot, Level, Tear Down
Lot Size Acres 2.2671
Lot Size Area 98755.0000
Lot Size Source Assessor
Lot Size Units Square Feet
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/19/2021 Listed $7,235,000

Property vs Zip Code Average in 91343

Price
AVG $1.41M
$7.24M
Visits
AVG 53
39
Walkscore
AVG 51
60
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

9433 Sepulveda Boulevard North Hills, CA is a Single Family Home for sale at $7235000 and a lot size of 2.2671 Acres Acre(s). 9433 Sepulveda Boulevard North Hills has 0 bedrooms, 0 baths . The property's zip code is 91343 which is in North Hills, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.