Land For Sale • 0.8 AC
Unentitled ±220 Unit Mixed-Use Development Site in Prime Valley Village AiCRE Partners presents a unique ED1-qualified opportunity at the corner of Laurel Canyon Blvd and Albers St, one of the busiest intersections in Valley Village, CA. This ±0.80-acre flat site is located in a high-demand, transit-oriented zone, ideal for developing up to ±220 affordable housing units with 6,000 SF of ground-level retail. Positioned between the NoHo Arts District and Studio City and just off the Chandler Blvd Transit Corridor, the property benefits from the CEQA streamlining under AB 130 and SB 131, enabling developers to significantly reduce entitlement time and risk. Perfect for mission-driven developers and impact investors focused on LA's housing crisis, this development-ready site offers strong potential returns in one of the city’s most supply-constrained submarkets.
| Prime infill corner lot in Valley Village |
| ±220 residential units + ±6,000 SF retail (proposed) |
| Streamlined approval for 100% affordable housing |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.3 mi |
| 11 min | - | 5.1 mi | |
| Airport | Drive | Walk | Distance |
| Bob Hope | 10 min | - | 4.3 mi |
| Los Angeles International | 33 min | - | 23.3 mi |
| Long Beach (Daugherty Field) | 49 min | - | 35.7 mi |