9441 - 9459 N. Sepulveda Blvd., 15420 W. Plummer St., North Hills, CA for sale

Investment Overview

Investment Highlights

• Total site area is 55,748 SF, consisting of three parcels, with a calculated buildable area of approximately 46,208 SF.
• The property includes a mix of RA-1 and C2-zoned parcels and is designated as a Housing Element Site, creating opportunities for affordable housing incentives and zoning overrides.
• The site is eligible for multiple affordable housing development programs, including TOC Tier 1/Tier 2, State Density Bonus Law (SDBL), and LA CHIP/AHIP.
• Under State Density Bonus Law, density is effectively unlimited for a 100% affordable project, subject to applicable development standards.
• Maximum building height increases from a base height of approximately 45 feet to as much as 78 feet through affordable housing incentive programs such as SDBL and LA CHIP/AHIP.
• Parking requirements can be significantly reduced, with no parking required under TOC Tier 2, SDBL, and LA CHIP/AHIP provisions for qualifying 100% affordable developments.