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15226 Parthenia Street

Los Angeles, CA 91343
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SqFt18,349

Sqft(Lot)

AFFORDABLE HOUSING DEVELOPMENT OPPORTUNITY! 15226 Parthenia Street is a compelling affordable housing development opportunity in the heart of North Hills. This 18,339 SF lot presents a rare opportunity to develop a 100% affordable housing project within one of the Valley's most active and established affordable housing neighborhoods.Located within a mile of a Major Transit Stop and utilizing Citywide Housing Incentive Programs, this site has no maximum density and is otherwise only limited by FAR and Height. Based on these parameters, the site may accommodate approximately 100 residential units, subject to design efficiency and required development standards.The Property offers convenient access to Interstate 405, State Route 118, and major transportation corridors, including Sepulveda Bo ulevard and Nordhoff Street. The site also benefits from proximity to North Hills Community Park, public transportation, neighborhood retail, schools, healthcare facilities, and major employment centers throughout the San Fernando Valley and greater Los Angeles region.Pricing for this opportunity offers developers an attractive basis well below prevailing market land values for affordable housing projects. Affordable housing developers commonly pay between $50,000 and $100,000 per buildable unit for land, while 15226 Parthenia St is being offered at approximately $27,000 per potential unit. Buyer to independently verify all zoning, density, FAR, parking, entitlement, affordability program eligibility, development potential and governmental requirements.

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Detail Ic Property Details

Property Type : Land

Price : $2,700,000

AD Id : 90492691

MLS Id : 26896681

Lot Size : 18,349 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 18349 Lot Size Acres: 0.4212 Lot Size Square Feet: 18,349 Lot Description: RectangularLot

  • Listing Price Information

    Listing Price: $2700000

  • Tax Information

    Parcel Number: 2654041104

  • Location Information

    Direction: Cross streets: Sepulveda and Parthenia
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/02/2026 @ 19:29

MLS: 26896681 LISTED BY: Megan Husri, Keller Williams Studio City 818-432-1500 SOURCE: CRMLS

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