$2,700,000
15226 Parthenia Street
Los Angeles, CA 91343
Los Angeles
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Land
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About this home
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 1/2 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.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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Mortgage Estimate
$14,371/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 4:15 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.