Studio City SFR Development Site 3835 Buena Park Drive Studio City, CA 91604
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- Chloe Robinson
- 5 years ago
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1 Panoramic views of the San Fernando Valley Approx. 10,309 SF Gradual down slopping grade Not subject to the Mulholland Design Review Board All utilities to site Price: $588,888
2 Conceptual Rendering
3 View of The San Fernando Valley Subject Property
4 Subject Property Southerly View From the Property
5 This brochure has been prepared to provide summary, unverified information to interested parties, and to establish only a preliminary level of interest in the subject development opportunity. The information contained in this brochure has been obtained from sources we believe to be reliable. However, Evanisko Realty & Investment, Inc. has not verified, and will not verify, any of the information contained herein, nor has Evanisko Realty & Investment, Inc. conducted any investigation regarding theses matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All interested parties must take appropriate measures to verify all of the information set forth herein. Please contact Evanisko Realty & Investment, Inc. for additional information and/or guidance pertaining to this opportunity. All offers and correspondence regarding this opportunity are to be directed to: David Melaugh: Melaugh@evaniskorealty.com Phone: (818) Fax: (818) Evanisko Realty & Investment, Inc. BRE
6 Page 7: Property Summary Page 8: Property Boundary Map Page 9: Protected Tree Map Page 10: Parcel Map Page 11: Site Location Page 12: Buena Park Drive Street View #1 Page 13: Buena Park Drive Street View #2 Page 14: New Construction SFR Sales 2015 Page 15: New Construction SFR Sales 2016 Page 16: Conceptual Rendering #1 Page 17: Conceptual Rendering #2 Page 18: Transactional Guidance Table of Contents
7 Buena Park Drive is in the lower section of the Studio City hills and in close proximity to major Studios, Studio City Plaza, many different parks and hiking trails, Fryman Canyon, Universal City, and the Hollywood Bowl. Studio City remains one of the hottest real estate submarkets of Los Angeles with new construction homes now selling in the high $600/ft. Up over $100 per ft. or over a 20% increase since The property is located between two homes and all utilities connect to the site. A serene setting with foliage surrounding neighboring properties and dramatic northerly exposure allowing views of the SFV. Buyers will be provided with Partial Architectural Survey, Topographic Survey, and Slope Analysis. No building plans have been submitted to the City of Los Angeles. APN: Land Area: 10,309 SF Zoning: R1-1 General Plan: Low Residential Existing Improvements: Vacant Land Topography: Hillside Downslope There are 19 protected trees on the property. Contact for report Entitlements: Surveys/slope analysis completed by Iacobellis & Associates Architectural & Topographic Surveys Available Slope Analysis Utilities: Water & Power hookup in street on Buena Park Council District: City of Los Angeles CD5 Paul Koretz Baseline Hillside Ordinance: Yes Baseline Mansionization Ordinance: No Price: $588,888 ***SUBJECT PROPERTY IS NOT LOCATED IN THE MULHOLLAND SCENIC PARKWAY SPECIFIC PLAN*** Property Summary 7
8 Property Boundary Map 8
9 Protected Tree Map 9
10 50 of Street Frontage Parcel Map 10
11 Site Location 11
12 Buena Park Drive Street View #1 12
13 Buena Park Drive Street View #2 13
14 Three new construction homes that sold in Average Price Per Foot is $555 New Construction SFR Sales
15 Three new construction homes that sold in Average Price Per Foot is $674 New Construction SFR Sales
16 Conceptual Rendering #1 16
17 Conceptual Rendering #2 17
18 Evanisko Realty & Investment, Inc. has been retained on an exclusive basis by the owner to handle the marketing and disposition of this land asset. Title: Fidelity Title Janis Okerlund Escrow: Seller s choice Price: $588,888 SUBMIT ALL PROPOSALS/INQUIRIES TO: David Melaugh Melaugh@evaniskorealty.com ALL PROPOSALS WILL BE REVIEWED BY LANDOWNER AND BROKER AS RECEIVED. For additional information/guidance on this and other development opportunities contact: Evanisko Realty & Investment, Inc. (818) Transactional Guidance 18
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