9722 Tujunga Canyon Boulevard, Tujunga (los Angeles), CA 91042

We are proud to present for sale a rare acre-sized redevelopment opportunity in the Tujunga area of Los Angeles! Consisting of three contiguous lots totaling around 44,776 square feet of land, the site currently features three small houses (one vacant) spread across two lots, along with a third undeveloped lot. The properties back up to a commercially zoned parcel on Foothill Blvd. that includes a McDonalds, an IHOP and a CVS, among other storefronts. Zoned R1, these combined properties are perfect for CHIP density up to 20+/- units on the expansive land, potentially allowing for a cost-effective on-grade project that with streamlined construction in this TCAC-designated Highest Resource Area. The existing Tenant-occupied units have been fully remodeled and rented in 2023 with good income. The site contains a couple of protected Live Oak Trees, but given the generous lot sizes, a project could be thoughtfully designed around them. Tujunga is known for its natural surroundings and … read more …