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Key Details
Sold Price $508,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23050453
Sold Date 05/22/24
HOA Y/N No
Lot Size 9,892 Sqft
Property Description
Incredible opportunity to build your dream home! This huge lot comes with a ready-to-issue (RTI) floor plan to build a 2,000 sqft. single-family plus a 1,200 sqft. ADU for rental income! This extremely rare flat lot with almost 10,000 square feet is also ideal to build up to 4 units. Due to the many changes in recent California law, there might be a possibility that will allow you to subdivide and/or build multiple houses on this lot, 4 units may be able to be built on the property. Contact the City of Los Angeles for any information about this lot in regards to zoning, planning, building, etc. Any questions please contact the listing agent. The lot has an address assigned and is located within a short distance of charter schools, restaurants, grocery stores, parks, Costco, Lowe’s, and Freeways. Also coming soon "The East San Fernando Valley Light Rail Transit Project." Sellers are not aware of natural gas or water lines on the lot however the neighbors on both sides of the lot are connected to power, natural gas, city power & water. Many houses down the street have ADUs on their properties. Any questions please contact the listing agent.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAR1
Interior
Fireplace No
Exterior
Fence Block, Chain Link, Vinyl
Community Features Street Lights, Sidewalks
Utilities Available Water Not Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Walkstreet
Water None
New Construction No
Others
Senior Community No
Tax ID 2534027019
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Elham Khani • Coldwell Banker Realty