TIER 1 TRANSIT ORIENTED COMMUNITY
10351-10365 San Fernando Road
Pacoima, CA 91331
Located on San Fernando Road in Pacoima, California, this development project is zoned for multi-family and commercial in a tier 1 transit oriented community. With a land area of ±26,368 square feet of space, the project has a max density potential of 99 units. Currently, the project is serving as an auto repair shop and car dealership with coverage which covers block-to-block. Each tenant is on a month-to-month lease allowing for a new developer flexible options for income during the entitlement period.
Directly across the street from the Whiteman Airport, the property is well appointed with easy access to Costco, Vallarta Supermarkets, Target, Hansen Dam Golf Course, and Roger Jessup Park. Furthermore, the asset conveniently located within close proximity to 5 & 210 Freeways along with Highways 118 & 170.
The Seller, a current tenant of repair shop (PAC Transmission), shall occupy the space for one year after the Close of Escrow.
Listing Price: $4,00,000
Price per buildable unit: $40,404
Price per SF (Lot): $151.70
Build up to 99 units across the street from Whiteman Airport
Currently operating as an auto repair shop & car dealership
Lot sits block-to-block on a main thoroughfare
Tier 1 TOC allows for an increase in density of up to 50% of the base density
Ideal for an affordable housing developer
All tenants are currently under a month-to-month lease
Close to Target, Hansen Dam Golf Course, Costco, Vallarta Supermarkets, and Roger Jessup Park
Seller (PAC Transmission) shall occupy space for one year after the Close of Escrow
Within proximity to 5 & 210 Freeway and Highways 118 & 170