Sylmar, CA 91342,12215 San Fernando RD
Sylmar, CA 91342,12215 San Fernando RD
Sylmar, CA 91342,12215 San Fernando RD
Sylmar, CA 91342,12215 San Fernando RD
Sylmar, CA 91342,12215 San Fernando RD
Sylmar, CA 91342,12215 San Fernando RD
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Steven Shearrill

Steven Shearrill

+1(619) 368-7141
$ 3,000,000
Est. payment | /mo

16 Beds

9 Baths

4,549 SqFt

Save
$ 3,000,000
Est. payment | /mo
Save

16 Beds

9 Baths

4,549 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,549 sqft

Price per Sqft $659

MLS Listing ID 26639141

Bedrooms 16

HOA Y/N No

Year Built 1937

Lot Size 0.908 Acres

Property Description

The property, originally constructed in 1937, is comprised of nine units with a mix of two x one bedroom/one bath, and seven x two bedroom/one bath apartments, situated on 0.91 acres (39,537 SF) parcel. In 2018, the property was renovated and two new units were added. Additional income is derived from truck parking. The parcel is zoned LA C2-2D-CPIO. City of Los Angeles Transit Oriented Communities qualifies the parcel as TOC Tier 4 due to its proximity to the Sylmar/San Fernando Metrolink Train Station. Tier 4 qualifies for an 80% bonus in unit density based on the underlying zoning. This is in exchange for setting aside a certain amount of low-income units. By right one could develop 86 units. With TOC Tier 4, one could develop 155 units. Please refer to the above link for specifics. Additionally, the city has implemented a local incentive program detailed in the City of Los Angeles Density Bonus Program which complements the TOC program and just adopted the Citywide Housing Incentive Program Ordinance or CHIP. Further, the site qualifies for Executive Directive 1 (ED 1) which expedites the processing of shelters and 100% affordable housing projects in the city of Los Angeles. The offering is a rare opportunity for an affordable housing developer to acquire a sizable residential parcel eligible for expedited entitlement processing and continue to earn income.

Location

State CA

County Los Angeles

Area Syl - Sylmar

Zoning LA C2-2D

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 16

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2611010012

Special Listing Condition Standard

CRMLS – RECore
Listed by Robert Leveen Robert Leveen

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Vintage Elementary

    Public | KG - KG

  • 8

    Mayall Academy of Arts & Technology Magnet

    Public | KG - 5

  • 8

    Knollwood Preparatory Academy

    Public | PK - 5

  • 8

    Harding Street Elementary School

    Public | KG - 5

  • 7

    Haskell Elementary

    Public | KG - 5

  • 6

    Tulsa Street Elementary

    Public | KG - 5

  • 6

    San Jose Street Elementary

    Public | KG - 5

  • 6

    Sylmar Leadership Academy

    Public | KG - 8

  • 6

    Dyer Street School

    Public | KG - 5

  • 6

    O'Melveny Elementary School

    Public | PK - 5

  • 5

    Danube Avenue Elementary School

    Public | KG - 5

  • 5

    Lassen Elementary

    Public | KG - 5

  • 5

    Morningside Elementary School

    Public | KG - 5

  • 5

    Sharp Avenue Elementary

    Public | KG - 5

  • 5

    Vaughn Next Century Learning Center

    Public | KG - 12

  • 4

    El Dorado Avenue Elementary School

    Public | KG - 5

  • 4

    Herrick Avenue Elementary

    Public | KG - 5

  • 4

    Osceola Street School

    Public | PK - 5

  • 4

    Vista Del Valle Dual Language Academy

    Public | PK - 5

  • 4

    Pacoima Elementary

    Public | PK - 5

Middle Schools 9
  • 6

    George K. Porter Middle School

    Public | 6 - 8

  • 4

    North Valley Military Institute College Preparator

    Public | 6 - 12

  • 4

    Olive Vista Middle School

    Public | 6 - 8

  • 3

    San Fernando Middle School

    Public | 6 - 8

  • 3

    Pacoima Middle School

    Public | 6 - 8

  • 0

    Puc Triumph Academy

    Public | 6 - 8

  • 0

    Puc Nueva Esperanza Charter Academy

    Public | 6 - 8

  • 0

    San Fernando Institute of Applied Media

    Public | 6 - 8

  • 0

    Concordia Jr/Sr High School

    Private | 7 - 12

High Schools 14
  • 8

    Puc Lakeview Charter High School

    Public | 9 - 12

  • 6

    Cesar E. Chavez Learning Academies - Social Justice Humanitas

    Public | 9 - 12

  • 5

    John F. Kennedy High School

    Public | 9 - 12

  • 5

    Sylmar Charter High School

    Public | 9 - 12

  • 5

    Arleta High School

    Public | 9 - 12

  • 5

    San Fernando High School

    Public | 9 - 12

  • 5

    Cesar E. Chavez Learning Academies-Arts, Theatre, Entertatinment

    Public | 9 - 12

  • 4

    Cesar E. Chavez Learning Academies - Academy of Science Exploration

    Public | 9 - 12

  • 3

    Sylmar Biotech Health Academy

    Public | 9 - 12

  • 1

    Cesar E. Chavez Learning Academies - Technology Preparatory Academy

    Public | 9 - 12

  • 0

    Jane Addams Continuation

    Public | 9 - 12

  • 0

    Bishop Alemany High School

    Private | 9 - 12

  • 0

    Mission Continuation

    Public | 9 - 12

  • 0

    Evergreen Continuation

    Public | 9 - 12

School and business data provided by Attom Data.
Steven Shearrill

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(619) 368-7141

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12215 San Fernando RD