13300 Valleyheart Drive N, Sherman Oaks, CA 91423
- $1,950,000
- List Price
- $1,950,000
- Status
- ACTIVE
- MLS#
- SR26213094
- Lot Size
- 7,153
- Acres
- 0.16
- Lot Location
- Corner Lot, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Value In Land
- Days on Market
- 0
- Property Type
- Land
Property Description
Prime location! Sherman Oaks ED1 Project Approximately 50 Plus Affordable Units. 100% Affordable Project. The CHIP Ordinance contains the Affordable Housing Incentive Program (“AHIP”), which is applicable to 100% affordable housing projects. Since the Project Site is in the “Highest” Opportunity Area (as designated by the California Tax Credit Allocation Committee), a 100% affordable Project is allowed unlimited residential density, zero minimum automobile parking, a 33-foot height increase, and relief from any applicable roadway widening requirements. Up to five (5) Additional Incentives, on- or off-menu, plus one (1) Waiver of Development Standard, may be requested by the Project to achieve relief from applicable development standards (e.g., open space, setbacks, etc.) under various types of ministerial actions.
Additional Information
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Stephanie Vitacco (stephanie@teamvitacco.com) from Listing Office: Equity Union.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.