9722 Tujunga Canyon Blvd Tujunga, CA 91042

This is a rare opportunity to acquire an acre-sized redevelopment site in Tujunga, Los Angeles. The property comprises three contiguous lots, totaling approximately 44,776 square feet. Currently, the site features three small houses (one vacant) on two lots, with the third lot undeveloped. The properties are zoned R1 and back up to a commercially zoned parcel on Foothill Blvd, which includes a McDonalds, an IHOP, and a CVS, among other storefronts. The combined properties are suited for CHIP density, potentially allowing for up to 20 units on the expansive land. This could facilitate a cost-effective on-grade project with streamlined construction in this TCAC-designated Highest Resource Area. The existing tenant-occupied units have been fully remodeled and rented in 2023, generating good income. The site contains a couple of protected Live Oak Trees, allowing for a thoughtful project design. Tujunga is known for its natural surroundings and laid-back lifestyle, with convenient access to the 210 freeway and proximity to La Crescenta, Montrose, and La Canada Flintridge. The location provides easy access to the San Fernando Valley and the greater DTLA area via the 2 Freeway. This serene, walkable location offers green space, making it an ideal setting for a development that will attract long-term tenants. The listing includes APNs: 2564-012-013, 2564-012-014, and 2564-012-015.