LAC2-1L corner lot on Commerce Ave. and Tujunga Canyon Blvd. Vacant development opportunity on rectangular site of approximately 18,530 square feet is ideal for housing, mixed-use and commercial uses with approximately 275 feet of frontage. Located within a QCT for potential affordable housing incentives. By-right density of up to 46 buildable units in a new multifamily or mixed-use project before any state, local and/or transit-based bonuses. Situated on a high visibility corner surrounded by a mix of local and corporate/national retail, dining and entertainment options. Tujunga's quiet, family-focused amenity base offers a multitude of educational, recreational and employment options. Local multifamily vacancy rate is just 2.2% per CoStar with an average existing price per unit north of $300,000 on supply averaging over 50 years old. Priced in line with comparables at $124/sf.