$1,950,000
Prime location! Sherman Oaks ED1 Project Approximately 50 Plus Affordable Units. 100% Affordable Project. The CHIP Ordinance contains the Affordable Housing Incentive Program (“AHIP”), which is applicable to 100% affordable housing projects. Since the Project Site is in the “Highest” Opportunity Area (as designated by the California Tax Credit Allocation Committee), a 100% affordable Project is allowed unlimited residential density, zero minimum automobile parking, a 33-foot height increase, and relief from any applicable roadway widening requirements. Up to five (5) Additional Incentives, on- or off-menu, plus one (1) Waiver of Development Standard, may be requested by the Project to achieve relief from applicable development standards (e.g., open space, setbacks, etc.) under various types of ministerial actions.
Listed by Stephanie Vitacco with Equity Union
MLS Property Type
Land
Status
Active
MLS Number
SR26213094
Lot Size
7,153 sq ft
Click to interact with map
8205 Laurelmont, Los Angeles
Listed by Emmanuel Xuereb with Compass
3359 Vista Haven Rd, Sherman Oaks
Listed by Lilith Berko with JohnHart Real Estate
16821 Via La Costa, Pacific Palisades
Listed by Linda Ferrari with Equity Union
8117 Norton Ave, West Hollywood
Listed by Michael Maguire with Compass
3800 Knobhill Dr, Sherman Oaks
Listed by Ossil Macavinta with eXp Realty of California, Inc.
6526 Brynhurst Ave, Los Angeles
Listed by Daniel Lalezari with Keller Williams Hollywood Hills
1020 N Ardmore Ave, Los Angeles
Listed by Daniel Lalezari with Keller Williams Hollywood Hills
3810 Knobhill Dr, Sherman Oaks
Listed by Ossil Macavinta with eXp Realty of California, Inc.
