REDUCED! We are proud to present for sale a Ready-to-Issue ED1-vested 133 Unit Affordable Housing Project on a massive 32,681 SF corner lot in a low-density area. Designed with efficiencies in mind, this fully stacked on-grade design features 107 1+1 and 26 2+1 units (for a total of around 73,277 SF of rentable space), along with large Recreation Rooms (one of which could be used as a Fitness Room), a large PATH Office space, a Leasing office, large Bike Storage, additional rentable storage areas, and 35 side-by-side parking spaces inside the project with potential for 10 more spaces behind the building. The design features garage access exclusively from the alley. The property is located in a residential neighborhood with a storage business next door, which should keep things on the quiet side. The area is on a schedule to bring massive changes, with the coming arrival of the East San Fernando Valley Light Rail Transit Project, with a planned station at Woodman and Van Nuys, potentially less than half a mile away! The Light Rail will connect to the Orange / G Line, which connects to the Red / B Line as well as MetroLink, opening access to the greater Los Angeles area without the need of a car! Close to the 405 and the 5 freeways, this property is directly north of the Primestor High-Rise Complex Project at Panorama Mall, which will bring 4.5 million square feet of housing, hotel and commercial uses to the area, which already has many jobs and a high demand rental market! The property is also walking distance to parks, supermarkets, restaurants and Arleta High School. Listing includes two APNs: 2650-021-004 and 2650-021-005.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Dario Svidler
Lot Features
Lot Information:
Lot Size: 0.75 Acres
Other
Directions Information:
Directions: East of the 405, West of the 5, South of the 118. By Van Nuys Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $4,999,999
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3.9M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24462347
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Dario Svidler
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 1:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Liggett Street Elementary School
9373 Moonbeam Ave
Distance between this listing and this school0.48 miles
Public District Grades KG-5
4
/10
Lassen Elementary
15017 Superior St
Distance between this listing and this school0.51 miles
Public District Grades KG-5
6
/10
Beachy Avenue Elementary
9757 Beachy Ave
Distance between this listing and this school0.69 miles
Public District Grades PK-5
Nearby Schools
3
/10
Sepulveda Middle School
15330 Plummer St
Distance between this listing and this school0.91 miles
Public District Grades 6-8
4
/10
Valor Academy Middle School
9034 Burnet Ave
Distance between this listing and this school1.07 miles
Public Charter Grades 5-8
4
/10
Pacoima Middle School
9919 Laurel Canyon Blvd
Distance between this listing and this school1.54 miles
Public District Grades 6-8
Nearby Schools
4
/10
Arleta High School
14200 Van Nuys Blvd
Distance between this listing and this school0.55 miles
Public District Grades 9-12
7
/10
Valor Academy High School
9356 Lemona Ave
Distance between this listing and this school0.60 miles
Public Charter Grades 9-12
4
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $66,839. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are married, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9701 Vesper Ave
What is the listing price of this property?
The listing price of 9701 Vesper Ave property is $4,999,999.
What type of property is this?
The property 9701 Vesper Ave is land located in Panorama City, California, 91402.
Is this property for sale now?
Active Listing: 9701 Vesper Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 9701 Vesper Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This home sits on a 0.75 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $4,999,999.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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