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Status: ACTIVE

8417 Columbus Ave 
North Hills, CA 91343

$1,599,000

------/mo*
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Prime Development Opportunity in North Hills, Development Opportunity 8417 Columbus Avenue, North Hills, CA Zoned LARD3-1 Approx. 18,300 SF Lot By-Right Density: Los Angeles RD3 zoning allows one dwelling unit per 3,000 sq.ft. of lot area. Estimated Capacity: With an approx. 18,300 sq.ft. lot, the property offers the ability to build up to 6 units by-right (subject to verification of net lot area and City approvals). Executive Directive 1 (ED1) Eligible: Developers pursuing a 100% affordable housing project may qualify for streamlined ministerial approval and waivers of certain development standards, potentially allowing greater density, height, and reduced parking requirements. Additional Upside: Opportunities may also exist for state density bonus programs, ADUs/JADUs, or small-lot subdivision, providing flexibility for creative builders. Highlights Centrally located near major transportation corridors, retail centers, and schools Generous lot size provides multiple design and layout possibilities Strong rental demand in the San Fernando Valley submarket Buyer to verify all zoning, density, ED1 eligibility, and development potential with the City of Los Angeles Buyers to do all Inspections and Investigations. Easy Freeway access to the 450,110,170,14,118,5, and 210.
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Bedrooms
3
Baths
2
House Size
1,263 sqft
Year Built
1954
Lot Size
0.42 ac

Location

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Interior Information

cooling
Wall/window Unit(s)
fireplace
Living Room

Exterior Information

fence
Wrought Iron
Wood

Property Information

community
Sidewalks
security features
Carbon Monoxide Detector(s)
sewer
Public Sewer
utilities
Electricity Available
Natural Gas Available
Cable Available
Electricity Connected
water source
Public
  • Listed By Hector Casillas
  • hectorcasillas@msn.com
  • (818) 365-5671
  • San Fernando Realty, Inc.
  • (818) 365-5671
  • jerry@ascencio.com
  • MLS SR25179424

Monthly Payments Calculator

Estimated Monthly Cost

$10,057

30 year fixed·6.9% interest rate
Principal & Interest
$8,425
Property Taxes
$1,333
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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