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Sun Valley Development Opportunity
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11144 Lorne Street, Sun Valley, CA 91352

Two parcels with approved plans for 17 townhome units.

Property SizeContact for details
Days on Market187

Property Features for 11144 Lorne Street

General Information

Standard status Active
Property subtype Land
Listing Agency: Lincoln Estates Inc.
Listed By: Sona Balayan · License #02249976
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Jul 16 at 10:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lincoln Estates Inc.

Investment Insights

Based on property information with market context.

This offering presents a development opportunity consisting of two parcels being sold together as a single assemblage. The properties, with multiple addresses including 11144 Lorne St., 11146-11148 Lorne St., and 8032 N Fair Ave in Sun Valley, come with approved plans in process for a 17-unit townhome-style apartment complex. The planned development encompasses 26,740 square feet and includes attached garages. The unit mix features 15 units with 3 bedrooms and 3.5 bathrooms, 1 unit with 2 bedrooms and 2.5 bathrooms, and 1 unit with 1 bedroom and 1.5 bathrooms. A total of 33 private parking spaces are included in the plans. Ready-to-Issue (RTI) is anticipated in approximately 69 months. Situated in the heart of Sun Valley, the location provides convenient access to major freeways such as I-5 and I-170. It is also located close to the Burbank Airport, downtown Los Angeles, and nearby major studios. The redevelopment opportunity offers walkability to a nearby public park and the future 46-acre Rory M. Shaw Wetlands Park, which is expected to reinforce long-term neighborhood value and sustainability.

Key Highlights

  • Approved plans in process for a 17‑unit townhome‑style apartment complex (26,740 sq. ft) with attached garages.
  • Includes two parcels sold together as a single assemblage with multiple addresses.
  • Ideal location in the heart of Sun Valley, minutes from I‑5 and I‑170 freeways.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby

Demographics for 91352, CA

47,274
Population
13,119
Households
3.6
Avg Household Size
37
Median Age
18%
College-Educated
67%
High-School Grad
11.6 sq mi
ZIP Area
4,075
Density / Sq Mi
$74,621
Median Household Income
$35,570
Median Earnings
$1,761
Median Rent
$700,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two parcels with approved plans for 17 townhome units.
Where is this residential land & home lot located?
The property is located at 11144 Lorne Street Sun Valley, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approved plans in process for a 17‑unit townhome‑style apartment complex (26,740 sq. ft) with attached garages.; Includes two parcels sold together as a single assemblage with multiple addresses.; Ideal location in the heart of Sun Valley, minutes from I‑5 and I‑170 freeways.
More about this property
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