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    20460 Sherman Way

    Winnetka, CA 91306
    • $5,900,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 21758730
    UPDATED: 39 min ago
    $5,900,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Located on the corner of Mason Avenue and Sherman Way in Winnetka California, this 59 unit development project offers investors a large reduction in construction costs. The shoring is in for the subterranean parking (12 foot). There is nothing to tear down, and several laterals are stubbed out for the plumbing and the sewer. The completed architectural plans are based on using the TOC-Tier 1 density bonus which includes five affordable housing units. The site is located next to LA Metro bus stops and is an 18 minute walk to a dedicated Bus Rapid Transit line (BRT) on Victory Boulevard and Mason Avenue. The project includes 59 units, with 38 (1+1) and 21 (2+2), as well as amenities such as a leasing office, gym, recreation room, sun deck area with a spa/jacuzzi, community garden, barbecue, some picnic tables, lounge chairs, and a badminton court.The zoning is [Q]C4-1VL-RIO with a strip to the east that is P-1VL-RIO in a TOC Tier 1. ***Please contact us for an OM***

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-26T09:26:26.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/119133096
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    20460 Sherman Way Winnetka, CA 91306

    • Price: $5,900,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 21758730
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    Neighborhood:
    WIN - Winnetka
    County:
    Los Angeles
    Area:
    WIN - Winnetka
    Property Description
    Located on the corner of Mason Avenue and Sherman Way in Winnetka California, this 59 unit development project offers investors a large reduction in construction costs. The shoring is in for the subterranean parking (12 foot). There is nothing to tear down, and several laterals are stubbed out for the plumbing and the sewer. The completed architectural plans are based on using the TOC-Tier 1 density bonus which includes five affordable housing units. The site is located next to LA Metro bus stops and is an 18 minute walk to a dedicated Bus Rapid Transit line (BRT) on Victory Boulevard and Mason Avenue. The project includes 59 units, with 38 (1+1) and 21 (2+2), as well as amenities such as a leasing office, gym, recreation room, sun deck area with a spa/jacuzzi, community garden, barbecue, some picnic tables, lounge chairs, and a badminton court.The zoning is [Q]C4-1VL-RIO with a strip to the east that is P-1VL-RIO in a TOC Tier 1. ***Please contact us for an OM***
    Exterior Features

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    Property Features

    Listing Agreement Seller Reserved Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning Lac4

    Listing provided courtesy of Kelly Morgan of Keller Williams-Santa Monica


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-26T09:26:26.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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