



Description
Kidder Matthews has been exclusively retained by the ownership to present this rare development opportunity in Prime Toluca. The Subject Property 4552-4556 Cahuenga Blvd is located in one of the best neighborhoods in the San Fernando Valley right next to the major movie studios in Burbank and Universal City. This A+ location is sandwiched between Studio City, Valley Village and Burbank. The offering contains a lot size of 12,961 SF on vacant land and NOT subject to Senate Bill 8. The R-3 zoning provides a rare opportunity for a developer to build up to 26 units with a State Density Bonus (SB 1818) , or 10 Luxurious townhomes and 2 ADU'S. Buyer to verify information with LA City.
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Listing Agent: Michael Monempour Courtesy of: Kidder Mathews Of California, Inc. The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 6th February, 2023 10:05 PM (UTC)