8405 Glenoaks Boulevard, Los Angeles, California
8405 Glenoaks Boulevard, Los Angeles, California 91352 - Glenoaks will be delivered as shovel ready 19 unit apartment development located in the Sun Valley submarket of the San Fernando Valley. This opportunity provides a buyer the ability to immediately begin construction upon close of escrow and/or purchase with a construction loan. The four unit structure on site will be demolished in January 2018 â€“ tenant relocation fees have been paid in full. Building permits will be paid for and delivered with the sale (Approx. $180,000 value including city fees). The development consists of an on-grade parking structure with 27 Stalls, (10) 1 Bedroom / 1 Bathroom, (9) 2 Bedroom / 2 Bathroom units spread across three residential floors. There are no significant off-site improvements, flat topography and on-grade construction should make this a very cost effective build.
Listing Courtesy of David Melaugh~Evanisko Realty & Investment