Land For Sale • 1.38 AC
The subject property is a prime infill development opportunity located at the signalized hard-corner intersection of Terra Bella Street and Canterbury Avenue in the Arleta neighborhood of the City of Los Angeles. Situated within the rapidly evolving San Fernando Valley submarket, the site benefits from strong demographic growth and increasing residential density. The property is improved with an existing single-family residence and a commercial church/school building, offering flexibility for repositioning or redevelopment. The site is well suited for either market-rate or affordable multifamily development, aligning with ongoing demand for housing alternatives to higher-priced core Los Angeles markets. The location provides exceptional regional accessibility, with immediate proximity to the 5, 170, and 405 Freeways, allowing efficient connectivity to Downtown Los Angeles, West Los Angeles, and surrounding employment centers. The continued transformation of the San Fernando Valley into a higher-density residential corridor further enhances the long-term investment appeal of the property.
| Hard corner signalized intersection of Terra Bella Street and Canterbury Ave |
| Located in the City of Los Angeles, neighborhood of Arleta |
| San Fernando Valley land opportunity with existing single-family home and commercial church/school building |
| Excellent market rate or affordable apartment development site |
| Close proximity to 5 Freeway, 170 Freeway, and 405 Freeway providing excellent regional accessibility to West Los Angeles and Downtown Los Angeles |
| San Fernando Valley is rapidly growing and densifying with townhome and apartment developments to provide alternatives to expensive housing |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 6 min | - | 2.6 mi |
| Sylmar/San Fernando (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 4.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 12 min | - | 6.8 mi |
| Los Angeles International | 36 min | - | 25.1 mi |
| Long Beach (Daugherty Field) | 54 min | - | 42.6 mi |