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.