New to market in the West Valley!
On behalf of The Boyett Team, we are thrilled to present a prime 18,687 SF multifamily redevelopment opportunity at 7223-7231 Remmet Avenue in Canoga Park, directly adjacent to Warner Center.
This site comes with by-right entitlements for up to 49 units at 45 feet and offers serious density upside, with the potential to push well past 100 units through MIIP or 100 percent AHIP. It also qualifies for AB 2097 parking relief, LIHTC financing in a Qualified Census Tract, and streamlined approvals thanks to its close proximity to major transit.
Perfectly positioned just a few blocks from the Topanga Village redevelopment and the exciting new Los Angeles Rams practice facility, this property sits right in the heart of Warner Center's rapid growth.
Given the healthy amount of inventory on the market right now, this is a fantastic time for developers to grab a high-potential project like this.
DM me for the full offering details.