15226 Parthenia Street, San Fernando Valley, CA 91343
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
15226 Parthenia Street,Los Angeles, CA 91343
$2,700,000
- 0.42 Acres
- Lots / Land
- Active
Listed by: megan husri, david weinberger
Office: keller williams studio city
MLS#:CL26896681
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,700,000
About this home
AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY! 15226 Parthenia Street is a compelling affordable housing development opportunity in the heart of North Hills. This 18,339 SF lot presents a rare opportunity to develop a 100% affordable housing project within one of the Valley's most active and established affordable housing neighborhoods. Located within a 1/2 mile of a Major Transit Stop and utilizing Citywide Housing Incentive Programs, this site has no maximum density and is otherwise only limited by FAR and Height. Based on these parameters, the site may accommodate approximately 100 residential units, subject to design efficiency and required development standards.Pricing for this opportunity offers developers an attractive basis well below prevailing market land values for affordable housing projects. Affordable housing developers commonly pay between $50,000 and $100,000 per buildable unit for land, while 15226 Parthenia St is being offered at approximately $27,000 per potential unit. Buyer to independently verify all zoning, density, FAR, parking, entitlement, affordability program eligibility, development potential and governmental requirements...
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Home facts
- Listing ID #:CL26896681
- Added:64 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Structure and exterior
- Lot area:0.42 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$2,700,000
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