7306 Independence Ave - Canoga Park, Los Angeles, CA 91303 6,383 SF of R3-1 Tier 3 Land - Existing Approved 12 Unit Project Available Currently a ...
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No RS O ! No El lis ! 7306 Independence Ave. SVIDLER Canoga Park, Los Angeles, CA 91303 6,383 SF of R3-1 Tier 3 Land - Existing Approved 12 Unit Project Available Currently a Single Family Residence on Site PESCI | ANTONUCCI
Dario Svidler James Antonucci EVP SVP of Investments Property Overview 3 Walk Score 10 PartnersCRE APLA Group Compass Commercial KW Commercial Maps 4 Photos 11 O 424. 324. 6304 O 818. 432. 1513 M 818. 653. 2663 M 818. 381. 6601 Parcel Map 5 About Agents - PCRE 16 dario@svidlercre.com james@aplagroup.com svidlercre.com aplagroup.com DRE 01884474 DRE 01822661 Zimas 6 About Agents - APLA 17 Michael Pesci Brick and Work 8 Confidentiality & Disclaimer 20 SVP of Investments APLA Group KW Commercial 12 Unit Project 9 Contact Information 21 O 818. 432. 1627 M 213. 820. 1335 mike@aplagroup.com aplagroup.com DRE 01274379 Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. KW: Each office is independently owned and operated. This is not a solicitation if your property is already listed.
7306 Independence Ave. Property Overview Presented for sale is a 6,383 Sq Ft R3-1 Tier 3 lot with a Single Familiy Home At a Glance Canoga Park on site. $975,000 6,383 Sq Ft Zoning allows for 7 units by right or 14± units by TOC. There is no RSO Price Lot Size weighing down a future project and therefore no need to Ellis the property. Situated just north of Sherman Way and about half a mile to the Orange Bus R3-1 Tier 3 50 x 127.6 Zoning Lot Dimensions Line, this property is near the Warner Center commercial district, has easy access to Westfield Topanga & The Village, is just down the road from Pierce College, and sits between the 101 and 118 freeways. 7 Units Existing Project Build by Right Click on Link to LADBS While the property includes an approved 12 Unit Residential Development with Plan Check Complete, a Buyer may consider a simpler project such as a 4Plex or an on-grade project to save on rising construction costs. 14± Units SFR Build by TOC Current Use All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 3
7306 Independence Ave. Maps Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 4
7306 Independence Ave. Parcel Map All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 5
7306 Independence Ave. Zimas Residential Market Area Medium City of Los Angeles Non-Residential Market Area Medium Department of City Planning Transit Oriented Communities (TOC) Tier 3 RPA: Redevelopment Project Area None Central City Parking No 3/23/2021 Downtown Parking No PARCEL PROFILE REPORT Building Line 15 PROPERTY ADDRESSES Address/Legal Information 500 Ft School Zone No 7306 N INDEPENDENCE AVE PIN Number 186B109 925 500 Ft Park Zone No Lot/Parcel Area (Calculated) 6,383.4 (sq ft) Assessor Information ZIP CODES Thomas Brothers Grid PAGE 530 - GRID B4 Assessor Parcel No. (APN) 2112016002 91303 PAGE 530 - GRID C4 APN Area (Co. Public Works)* 0.146 (ac) Assessor Parcel No. (APN) 2112016002 Use Code 0100 - Residential - Single Family Residence RECENT ACTIVITY Tract TR 8722 Assessed Land Val. $180,155 None Map Reference M B 156-32/33 Assessed Improvement Val. $101,036 Block None Last Owner Change 01/29/2020 CASE NUMBERS Lot 20 Last Sale Amount $9 CPC-9850 Arb (Lot Cut Reference) None Tax Rate Area 8852 CPC-2019-1742-CPU Map Sheet 186B109 Deed Ref No. (City Clerk) 881383 ORD-116342 Jurisdictional Information 846783-84 ZA-1990-909-SM Community Plan Area Canoga Park - Winnetka - Woodland Hills - West Hills 794188 TT-68452-CN Area Planning Commission South Valley 794187 ENV-2019-1743-EIR Neighborhood Council Canoga Park 527838 ENV-2005-8253-ND Council District CD 3 - Bob Blumenfield 44159 Census Tract # 1340.01 234825 LADBS District Office Van Nuys 2-863 Planning and Zoning Information 2-862 Special Notes None 1888650 Zoning R3-1 184939 Zoning Information (ZI) ZI-2452 Transit Priority Area in the City of Los Angeles 1762935 General Plan Land Use Medium Residential 1500069-70 General Plan Note(s) Yes 1481323 Hillside Area (Zoning Code) No 1470298 Specific Plan Area None 1431923 Subarea None 1316660 Special Land Use / Zoning None 1143839 Historic Preservation Review No 1096329 Historic Preservation Overlay Zone None 1064026 Other Historic Designations None 0645444 Other Historic Survey Information None 0112657 Mills Act Contract None 0112656 CDO: Community Design Overlay None Building 1 CPIO: Community Plan Imp. Overlay None Year Built 1951 Subarea None Building Class D55B CUGU: Clean Up-Green Up None Number of Units 1 HCR: Hillside Construction Regulation No Number of Bedrooms 2 NSO: Neighborhood Stabilization Overlay No Number of Bathrooms 1 POD: Pedestrian Oriented Districts None Building Square Footage 1,143.0 (sq ft) RFA: Residential Floor Area District None Building 2 No data for building 2 RIO: River Implementation Overlay No Building 3 No data for building 3 SN: Sign District No Building 4 No data for building 4 Streetscape No Building 5 No data for building 5 Adaptive Reuse Incentive Area None Rent Stabilization Ordinance (RSO) No [APN: 2112016002] Affordable Housing Linkage Fee Additional Information Airport Hazard None This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org | planning.lacity.org zimas.lacity.org | planning.lacity.org All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 6
ZIMAS PUBLIC 7306 Independence Ave. Generalized Zoning 03/23/2021 Zimas Coastal Zone None Farmland Urban and Built-up Land Urban Agriculture Incentive Zone YES Very High Fire Hazard Severity Zone No Fire District No. 1 No Flood Zone Outside Flood Zone Watercourse No Hazardous Waste / Border Zone Properties No Methane Hazard Site None High Wind Velocity Areas No Special Grading Area (BOE Basic Grid Map A- No 13372) Wells None Seismic Hazards Active Fault Near-Source Zone Nearest Fault (Distance in km) 11.5193064 Nearest Fault (Name) Santa Susana Region Transverse Ranges and Los Angeles Basin Fault Type B Slip Rate (mm/year) 5.00000000 Slip Geometry Reverse Slip Type Poorly Constrained Down Dip Width (km) 16.00000000 Rupture Top 0.00000000 Rupture Bottom 13.00000000 Dip Angle (degrees) 80.00000000 Maximum Magnitude 6.70000000 Alquist-Priolo Fault Zone No Landslide No Liquefaction Yes Preliminary Fault Rupture Study Area No Tsunami Inundation Zone No Economic Development Areas Business Improvement District None Hubzone Qualified Opportunity Zone No Promise Zone None State Enterprise Zone None Housing Direct all Inquiries to Housing+Community Investment Department Telephone (866) 557-7368 Website http://hcidla.lacity.org Rent Stabilization Ordinance (RSO) No [APN: 2112016002] Ellis Act Property No AB 1482: Tenant Protection Act See Notes Assessor Parcel No. (APN) 2112016002 Address 7306 INDEPENDENCE AVE Year Built 1951 Use Code 0100 - Residential - Single Family Residence Notes The property is subject to AB 1482 only if the owner is a corporation, limited liability company, or a real estate investment trust. Public Safety Police Information Bureau Valley Division / Station Topanga This report is subject to the terms and conditions as set forth on the website. For more details, please refer to the terms and conditions at zimas.lacity.org (*) - APN Area is provided "as is" from the Los Angeles County's Public Works, Flood Control, Benefit Assessment. zimas.lacity.org | planning.lacity.org All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most Address: 7306 N INDEPENDENCE AVE Tract: TR 8722 accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Zoning: R3-1 Dario Svidler | Michael Pesci | James Antonucci APN: 2112016002 Block: None 7306 Independence Ave., Canoga Park, CA 91303 | General Plan: Medium Residential7 Compass Commercial • Partners CRE | KW • APLA Group PIN #: 186B109 925 Lot: 20
7306 Independence Ave. Brick and Work Link to Brick and Work All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 8
7306 Independence Ave. Existing Project https://www.ladbsservices2.lacity.org/OnlineServices/PermitReport/PcisPermitDetail?id1=18010&id2=20000&id3=00590 All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 9
7306 Independence Ave. Walk Score About this Location 7306 Independence Avenue has a Walk Score of 79 out of 100. This location is Very Walkable so most errands can be accomplished on foot. This location is in the Canoga Park neighborhood in Los Angeles. Nearby parks include John Quimby Park, Runnymede Recreation Center and Lanark Park. https://www.walkscore.com/score/7306-independence-ave-los-angeles-ca-91303 All details provided as a courtesy. Buyer and Buyer’s Representatives to rely solely on their own investigations, assumptions and consultants for all sizes, estimates, fees, costs, projections and all other details. Agents have worked to provide the most accurate information available to them but make no guarantees or warranties. All parties to consider this information as a beginning for their own investigations and rely solely on their own investigations. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 10
Wyandotte St. Sherman Way Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 11
Independence Ave. Wyandotte St. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 12
Sherman Way Variel Ave Wyandotte St. Ave. De Soto . Independence Ave. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 13
Valerio St. De Sot oA ve. Loma Verde . Ave Wyandotte St. Independence Ave. Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 14
Dario Svidler | Michael Pesci | James Antonucci 7306 Independence Ave., Canoga Park, CA 91303 | Compass Commercial • Partners CRE | KW • APLA Group 15
Partners CRE Agent Dario Svidler Executive Vice President Compass Commercial O 424. 324. 6304 C 818. 653. 2663 dario@svidlercre.com svidlercre.com DRE 01884474 Dario Svidler grew up with Real Estate all around him. Dario’s father, a Structural Engineer and practicing General Contractor, and his mother, an Architect, would take Dario to their job-sites all throughout his childhood. With experience in all facets of the Construction and Real Estate Businesses, ranging from Commercial and Industrial to all types of Residential, Dario has sold in excess of $500 million in Real Estate and is well on his way to doubling that number. Dario’s talent for finding Value-Add Properties has made him an indispensable asset to a select group of Clients and Investors looking to add higher-yielding properties to their portfolios. Dario is a member of the Real Estate and Construction Division of the Jewish Federation and an alumnus of the American Jewish University. Dario Svidler | Almog Strikowski 2649-2655 San Marino St, Los Angeles, CA 90006 | Compass Commercial • Partners CRE 20
APLA Group Agent James Antonucci Senior Vice President of Investments Keller Williams Commercial O 818. 432. 1513 C 818. 381. 6601 james@aplagroup.com aplagroup.com DRE 01822661 James Antonucci is an Award-Winning Senior Vice President of Investments with Keller Williams Commercial, specializing in Multi- Family Apartment Buildings in the San Fernando Valley. He has dedicated himself to helping clients maximize their real estate investments, increase their cash flow, and developing strategies for achieving short- and long-term financial goals. He has an extensive knowledge of all types of real estate transactions including multi-family, residential, retail, office, leasing, triple net investments and land. Each office is independently owned and operated. This is not a solicitation if your property is already listed. Dario Svidler | Almog Strikowski 2649-2655 San Marino St, Los Angeles, CA 90006 | Compass Commercial • Partners CRE 21
APLA Group Agent Michael Pesci Senior Vice President of Investments Keller Williams Commercial O 818. 432. 1627 C 213. 820. 1335 mike@aplagroup.com aplagroup.com DRE 01274379 Mike Pesci is a Senior Vice President of Investments with Keller Williams Commercial in Studio City. He specializes in Multi-Family brokerage in Greater Los Angeles. Over his 22-year real estate career, he has closed in excess of $200 million in sales and is honored with numerous sales achievement awards. During his real estate brokerage career, Mr. Pesci has been successful in representing Sellers, Buyers and exchanging his client’s assets in well performing properties. His experience and knowledge of the market has enabled him to work with principals and brokers throughout the United States. Each office is independently owned and operated. This is not a solicitation if your property is already listed. Dario Svidler | Almog Strikowski 2649-2655 San Marino St, Los Angeles, CA 90006 | Compass Commercial • Partners CRE 21
Compass Commercial About Compass Commercial Commercial Investment Services At Compass Commercial, our focus is to provide clients with comprehensive and superior, trustworthy services. This full spectrum of value-added services, from market research to ongoing advisory services, is offered to all commercial property types including multi-family, office, retail, industrial, land and development investments. Our services go much further than purchasing or selling an asset. Working with clients, we identify their real estate investment goals and work side by side to build a strategic real estate investment plan. Our Services The following outlines the distinctive platform of transaction and consultative services we offer our clients: Acquisitions-Commercial Properties We specialize in identifying underperforming investment opportunities. We provide accurate and reliable evaluation of an asset’s performance relative to other real estate and non-real estate investment alternatives. Using our financial analysis, investment alternatives are scrutinized for projected cash flow, residual values at risk. Dispositions-Commercial Properties Maximizing an asset’s value by developing individualized marketing plans is our area of expertise. Commercial Leasing Services We specialize in office, retail, and creative space. Advisory Services Asset management - We provide a comprehensive real estate investment analysis to maximize the investment return by determining if the asset should be sold, refinanced, renovated, or held. Market Research We have access to the latest commercial real estate information and trends that are essential in making informed decisions. This includes researching and analyzing competitive properties, prevailing market conditions, and building occupancy. Dario Svidler | Almog Strikowski 2649-2655 San Marino St, Los Angeles, CA 90006 | Compass Commercial • Partners CRE 22
Compass Commercial Confidentiality and Disclaimer The information contained in the offering is confidential, furnished solely for the purpose of review by a prospective purchaser of the subject property. The material is based in part upon information supplied and in part upon information obtained by Compass Commercial from sources it deems reasonably reliable. No warranty or representation, expressed or implied, is made by the owner, Compass Commercial, or any of their respective affiliates, as to the accuracy or completeness of the information contained herein or any other written or oral communication transmitted to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communications. Without limiting the generality of the foregoing, the information shall not be deemed a representation of the state of affairs of the subject property or constitute an indication that there has been no change in the business or affairs of the subject property since the date of preparation of the information. Prospective purchasers should make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material located at the site. The Offering Memorandum was prepared by Compass Commercial. It contains select information pertaining to the subject property and does not purport to be all inclusive or to contain all of the information which a prospective purchaser may desire. All financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to inspect the subject property will be made available to qualified prospective purchasers. In the Offering certain documents and other materials are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents. The Offering is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Compass Commercial or the owner. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the subject property described herein. The owner and Compass Commercial expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offer to purchase the subject property and/or to terminate discussions with any party at any time with or without notice. The owner shall have no legal commitment or obligation to any interested party reviewing the Offering or making an offer to purchase the subject property unless a written agreement for the purchase of the subject property has been fully executed and delivered by the owner and such party and any conditions to the owner’s obligations there under have been satisfied or waived and then only to the extent expressly provided for therein. Compass Commercial is not authorized to make any representations or agreements on behalf of the owner. Dario Svidler | Almog Strikowski 2649-2655 San Marino St, Los Angeles, CA 90006 | Compass Commercial • Partners CRE 23
For more information please contact our exclusive sales agents: Dario Svidler James Antonucci Michael Pesci Executive Vice President Senior Vice President Senior Vice President O 424. 324. 6304 M 818. 381. 6601 M 213. 820. 1335 M 818. 653. 2663 james@aplagroup.com mike@aplagroup.com dario@svidlercre.com DRE 01822661 DRE 01274379 svidlercre.com DRE 01884474 Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01866771. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. KW: Each office is independently owned and operated. This is not a solicitation if your property is already listed.
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