Description
15226 Parthenia Street in North Hills is an 18,339-square-foot cleared lot offered for affordable housing development. A fire destroyed the previous building in January 2026, and demolition and site clearance have been completed. The site is within one-half mile of a major transit stop.
The offering identifies a potential 100% affordable project under the Citywide Housing Incentive Programs. It describes density governed by FAR, height and other applicable standards, with an estimated capacity of approximately 100 units depending on design and compliance. The indicated land basis is approximately $27,000 per potential unit. These estimates require independent buyer verification of zoning, density, FAR, parking, entitlements, program eligibility, development potential and governmental requirements.
The property is sold strictly as is, where is, with all known or unknown faults. Neither the seller nor the seller's agents provide express or implied representations or warranties, including as to the accuracy of supplied information. All parties must investigate the property, verify information with the appropriate entities and satisfy themselves through their own due diligence. Court confirmation is required, and the sale may be subject to overbid. Contact the listing agents for details; submit offers to megan@swgrp.com and david@swgrp.com.
Offering Summary
- Asking Price$2,700,000
- Price PSF$146
- Property TypeLand/Develop
- Total Acres~0.42 ac
Documents
Property Address
Property Details
- Property Type
Land/Development - Acres
0.42 - Developable Acres
0.42 - Entitlements
Yes (Fully Entitled) - Topography
Flat - Zoning
Zoned C2 | Citywide Housing Incentives Program - Access Frontage
75 ft - Highest & Best Use
Affordable Housing Development, Multifamily - APN
2654-041-104 - Ownership Interest
Fee Simple
Deal Team



