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16324-16326 Nordhoff St in North Hilld is a rare development opportunity situated between Nordhoff St and Sunburst St in the heart of the San Fernando Valley. The offering consists of an approximate 0.63-acre A2-1 zoned parcel, currently improved with a single-family home and equine enclosure. The property will be delivered vacant at the close of escrow with no tenants that need to be relocated or affordable units that need to be replaced. Senate Bill 9 (SB9) allows a developer to subdivide the parcel into two separate lots and develop two detached residential dwellings units on each. The site can be accessed via Nordhoff St, Sunburst St and the Alley of Gothic Ave allowing a developer a full range of creativity when positioning the development. Please contact broker for additional details about zone change and 5-lot subdivision.
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