For Sale
$3,250,000

10338 Lemona AveLos Angeles, CA 91345

Prime 2-acre residential site

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire a nearly two-acre (85,759 sq ft) development site in Los Angeles' Mission Hills neighborhood. This fee simple property, located at 10338-10346 Lemona Ave, boasts a desirable rectangular shape, extending from Lemona Ave to Saloma Ave. Currently zoned A2-1-0 (agricultural), the land presents a unique chance for infill development, ideally suited for an affordable housing project or small-lot residential subdivision. The site's convenient location offers easy access to the 405, 118, and 5 freeways, connecting it to the greater Los Angeles area and its robust amenities. The property includes existing structures totaling 1,927 square feet, currently vacant, previously used in conjunction with a plant nursery. The site's potential is further enhanced by strong underlying real estate fundamentals and a high demand for housing units in the San Fernando Valley, addressing a significant regional housing shortage. APN: 2648-001-002 & 2648-001-003. Asking price: $3,250,000. This is a rare opportunity to capitalize on the growing need for housing in a highly desirable location.

Highlights

  • Rare 1.97-acre development site in Mission Hills, Los Angeles.
  • Rectangular 85,759 SF lot, extending from Lemona Ave to Saloma Ave. Currently zoned A2-1-0 (agricultural).
  • Excellent freeway access (405, 118, and 5 Freeways).
  • Includes 1,927 SF of existing vacant structures.
  • High demand for housing in the San Fernando Valley; addresses significant regional housing shortage. APN: 2648-001-002 & 2648-001-003. Asking price: $3,250,000.

Property Details for 10338 Lemona Ave

Property type
Land

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2584396
Longitude
-118.4583243
10338 Lemona Ave, Los Angeles, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
10338 Lemona Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message