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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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7317 Vineland Avenue Sun Valley, CA 91352
$1,950,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Seller Financing Available!! Prime Multifamily Development Opportunity in Sun Valley, Ca. Rare opportunity to acquire two adjacent parcels totaling approximately 13,800 SF in a strong rental market with outstanding multifamily development potential. Consisting of one 7,800 SF lot and one 6,000 SF lot, this site is zoned R3-1 and located within a Transit Oriented Community (TOC) Tier 1, offering developers the ability to maximize density and significantly reduce development costs. Build up to 19 units by right, or take advantage of TOC incentives and density bonus programs to develop up to 38 units, with only a limited number of units required to be rent restricted (buyer to verify). An added benefit: no parking requirements, creating substantial savings and allowing for more efficient site planning and increased unit yield. The property also features convenient rear alley access, providing added flexibility for site design, construction access, utilities, trash enclosures, and improved circulation. Ideally situated near public transportation, major freeways, shopping, dining, and employment centers, this is an exceptional opportunity for developers and investors looking to capitalize on the continued demand for housing in the San Fernando Valley. Seller financing available, creating additional flexibility for qualified buyers and developers. Buyer to independently verify zoning, development standards, density bonus eligibility, TOC incentives, and all building requirements with the City of Los Angeles.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# BB26108238
List price is $1,950,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.32 acres
Lot size: 0.3168
County: Los Angeles
Zoning: R3-1
Lot description: Level,Near Park,Near Public Transit,Rectangular Lot
MLS area: SUNV - Sun Valley

Last Updated: 5/19/2026

 Find more Sun Valley homes and real estate

 Find more homes in 91352 zip code

This listing belongs to the SUNV - Sun Valley MLS area

Lat/Long: 34.203419, -118.370530.
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Listing Agent: Chris Muradyan
Lic#: 01917814
Broker: Courtesy of Khoren Muradyan

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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