We are proud to present for sale a Ready-to-Issue ED1-vested 133 Unit Affordable Housing Project on a massive 32,681 SF corner lot in a low-density area. Designed with efficiencies in mind, this fully stacked on-grade design features 107 1+1 and 26 2+1 units (for a total of around 73,277 SF of rentable space), along with large Recreation Rooms (one of which could be used as a Fitness Room), a large PATH Office space, a Leasing office, large Bike Storage, additional rentable storage areas, and 35 side-by-side parking spaces inside the project with potential for 10 more spaces behind the building. The design features garage access exclusively from the alley. The property is located in a residential neighborhood with a storage business next door, which should keep things on the quiet side. The area is on a schedule to bring massive changes, with the coming arrival of the East San Fernando Valley Light Rail Transit Project, with a planned station at Woodman and Van Nuys, potentially less than half a mile away! The Light Rail will connect to the Orange / G Line, which connects to the Red / B Line as well as MetroLink, opening access to the greater Los Angeles area without the need of a car! Close to the 405 and the 5 freeways, this property is directly north of the Primestor High-Rise Complex Project at Panorama Mall, which will bring 4.5 million square feet of housing, hotel and commercial uses to the area, which already has many jobs and a high demand rental market! The property is also walking distance to parks, supermarkets, restaurants and Arleta High School. Listing includes two APNs: 2650-021-004 and 2650-021-005.
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Dario Svidler
Lot Features
Lot Information:
Lot Size: 0.75 Acres
School Info
Assigned Schools Information:
James Monroe High School, Public Magnet Grades 9-12
Valley Academy of Arts and Sciences, Public District Grades 9-12
Northridge Academy High School, Public District Grades 9-12
Francisco Sepulveda Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Plummer Elementary School, Public District Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: East of the 405, West of the 5, South of the 118. By Van Nuys Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $5,600,000
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $4.6M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24384031
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (310) 432-6400
Listing Agent: Dario Svidler
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/4/2024, 8:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Plummer Elementary School
9340 Noble Ave
Distance between this listing and this school0.69 miles
Public District Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.04 miles
Public Magnet Grades 1-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school12.72 miles
Public Magnet Grades KG-6
Middle School
3
/10
Francisco Sepulveda Middle School
15330 Plummer St
Distance between this listing and this school0.90 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.68 miles
Public District Grades 6-8
High School
2
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.70 miles
Public Magnet Grades 9-12
5
/10
Valley Academy of Arts and Sciences
10445 Balboa Blvd
Distance between this listing and this school3.12 miles
Public District Grades 9-12
5
/10
Northridge Academy High School
9601 Zelzah Ave
Distance between this listing and this school4.20 miles
Public District Grades 9-12
Assigned Schools
4
/10
Plummer Elementary School
9340 Noble Ave
Distance between this listing and this school0.69 miles
Public District Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school12.04 miles
Public Magnet Grades 1-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school12.72 miles
Public Magnet Grades KG-6
Assigned Schools
3
/10
Francisco Sepulveda Middle School
15330 Plummer St
Distance between this listing and this school0.90 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.68 miles
Public District Grades 6-8
Nearby Schools
5
/10
Pacoima Middle School
9919 Laurel Canyon Blvd
Distance between this listing and this school1.46 miles
Public Magnet Grades 6-8
Assigned Schools
2
/10
James Monroe High School
9229 Haskell Ave
Distance between this listing and this school1.70 miles
Public Magnet Grades 9-12
5
/10
Valley Academy of Arts and Sciences
10445 Balboa Blvd
Distance between this listing and this school3.12 miles
Public District Grades 9-12
5
/10
Northridge Academy High School
9601 Zelzah Ave
Distance between this listing and this school4.20 miles
The neighbors living near this home have an average income of $66,839. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 9701 Vesper Ave
What is the listing price of this property?
The listing price of 9701 Vesper Ave property is $5,600,000.
What type of property is this?
The property 9701 Vesper Ave is land located in Panorama City, California, 91402.
Is this property for sale now?
Active Listing: 9701 Vesper Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 9701 Vesper Ave are: Plummer Elementary School: GreatSchools Rating 4/10Academy For Enriched Sciences: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Francisco Sepulveda Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10James Monroe High School: GreatSchools Rating 2/10Valley Academy of Arts and Sciences: GreatSchools Rating 5/10Northridge Academy High School: GreatSchools Rating 5/10
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This home is located at 9701 Vesper Ave in Panorama City, CA and zip code 91402 in the The San Fernando Valley neighborhood. This home sits on a 0.75 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $5,600,000.
In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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