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8628 Sepulveda Blvd

0.44 Acres of Commercial Land in North Hills, CA 91343

Investment Highlights

  • Heavy traffic, contiguous to 8646 Sepulveda. Security wall and fencing

Executive Summary

First time on market in over 40 years. Absolutely prime for owner user or redevelopment for any of the below developments or use as auto service bays with 30' height with rollup doors, offices, break room and sales offices. Close to the 405, 101, 134, 170, 210 and 118 freeways. This location would be an excellent site as a satellite sales center as an auto dealership, mixed use multifamily over retail development. Rare infill 1.32 acre of LAC2 zoned property perfect for owner user or as an investment or redevelopment as multifamily, automotive, car wash, service station, auto body shop, RV storage and repair, RV service, self storage, auto dealer sales lot, medical clinic development, shopping center development, LIHTC multifamily development, retail small box, grocery outlet, fast food, drive thru, car wash, convenience store, gas station, hotel, assisted living, seniors age restricted residential development and much more.
Developers to verify the above uses. Owner, its agents, brokers make no warranties expressed or implied as to the permitted uses by the City of Los Angeles Planning Department. This property is combined with 8646 Sepulveda, a contiguous lot as part of the parking lot for the combined properties. Must be sold with 8646 Sepulveda Blvd., contiguous to the north of this lot. Tentative preliminary plans are available for 300+ unit Multifamily development potential with on grade and subterranean parking. Please call listing agent for updated information.

Property Facts

Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Auto Dealership
  • Neighborhood Centre
Total Lot Size 0.44 AC

1 Lot Available

Lot

Lot Size 0.44 AC

0.44 acres available for sale 9320 SF Retail Building, automotive bays with 30' high rollup doors at 8646 Sepulveda Blvd. This lot is combined with and must be sold with 8646 Sepulveda, as contiguous properties.

Description

This land is contiguous to 8646 Sepulveda. It has been used as an automotive use for 40 years. This is a combined sale of two contiguous properties 8646 and 8628 Sepulveda, North Hills. To be sold combined with 8646 Sepulveda.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2654-021-012
Land Assessment
£443,474
Improvements Assessment
£54,301
Total Assessment
£497,775

zoning

Zoning Code LAC2
LAC2
  • Listing ID: 30410211

  • Date on Market: 20/12/2023

  • Last Updated:

  • Address: 8628 Sepulveda Blvd, North Hills, CA 91343

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