13840 Sherman Wy,
Van Nuys, CA 91405
在售房 $3,500,000 ($350萬)
卧室: -- 浴室: -- / 土地
房屋信息

土地

45854 平方英呎
(4,260平方米)

無

2026年10月02日
已上市 22 天

地產編號: 26998707
所處郡縣: LA
面積單價:$76.33/sq.ft ($822 / 平方米)
房屋簡介

We are pleased to present 13840 Sherman Way, a Ready-to-Issue (RTI), 86-unit affordable housing development opportunity situated on approximately 1.05 acres (45,755 square feet) in Van Nuys, California. Offered at $3,500,000, the property presents developers with an opportunity to acquire a fully entitled, permit-ready project at an attractive land basis of $40,698 per approved unit and $76.49 per land square foot.Approved under California's AB 2334 Density Bonus Law and SB 330, the development consists of a four-story, Type V-A wood-frame building totaling approximately 49,972 gross square feet. The approved unit mix includes 21 studios, 50 one-bedroom units, 12 two-bedroom units, and three three-bedroom units. The project incorporates 85 income-restricted residences and one unrestricted manager's unit, along with 57 on-site parking spaces, two elevators, a rooftop deck, and approximately 8,950 square feet of open space.A key investment advantage is the project's advanced entitlement status. The ministerial density bonus approval has been secured, the 55-year affordability covenant was recorded in October 2025, and the Seller will deliver the project RTI at the close of escrow. This substantially reduces entitlement uncertainty and allows the purchaser to advance directly toward construction, subject to final permit issuance.The offering provides a compelling acquisition basis relative to comparable entitled development sites throughout Los Angeles. At $76.49 per land square foot, the property is priced approximately 67% below the $230.63 average of five comparable land transactions presented in the offering memorandum. Based on the projected affordable rent schedules, the completed development is estimated to generate approximately $2.57 million in annual scheduled rental income and $1.72 million in stabilized net operating income, subject to construction, lease-up, operating assumptions, and applicable affordability restrictions.Strategically positioned along Sherman Way, the property benefits from proximity to major employment centers, healthcare facilities, and the planned East San Fernando Valley Light Rail, with a future Sherman Way station approximately 0.8 miles west of the site. With its substantial unit count, recorded approvals, on-site parking, and competitive acquisition basis, 13840 Sherman Way represents an opportunity for affordable housing developers and investors seeking a shovel-ready multifamily project in the San Fernando Valley.

中文描述

選擇基本情況, 幫您快速計算房貸

$
$
%
%
查看更多利率
每月還款額:
參考首付:
利息總金額:
剩餘總金額:
花费總金額:
查看更多贷款信息
想要看房?
聯繫客服: