Description
Kidder Matthews has been exclusively retained by the ownership to present this rare development opportunity in Prime Toluca. The Subject Property 4552-4556 Cahuenga Blvd is located in one of the best neighborhoods in the San Fernando Valley right next to the major movie studios in Burbank and Universal City. This A+ location is sandwiched between Studio City, Valley Village and Burbank. The offering contains a lot size of 12,961 SF on vacant land and NOT subject to Senate Bill 8. The R-3 zoning provides a rare opportunity for a developer to build up to 26 units with a State Density Bonus (SB 1818) , or 10 Luxurious townhomes and 2 ADU'S. Buyer to verify information with LA City.
Location
Listing Agent: Michael Monempour 01996829 Courtesy of: Kidder Mathews Of California, Inc. "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 4th February, 2023 6:13 PM (UTC)
