9246 Tobias Ave.
Challenge: Antiquated entitlement was not reflective of the market’s perception of highest and best use.
Value Add: Evanisko managed Seller expectations to facilitate a development with a bond-financed developer of affordable housing. Evanisko’s experience selling to affordable housing developers gave the Sellers a certain assurance that enabled them to “trust the process”.
Evanisko Represented: Seller and Buyer
$2,950,000
1.67 ACRES
IN SAN FERNANDO VALLEY
PRODUCT:
56 AFFORDABLE APARTMENT UNITS
