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, Lowes, 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.
SR23050453
Land, Other
Los Angeles
0.2271
Acres
None
Water Not Available
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Lot View
- Mountain
- Zoning
- LAR1
- Fence
- Block,Chain Link,Vinyl
- Additional Exterior/Lot Features
- Walkstreet.
Financial Considerations
2534027019
Cash, Conventional, 1031 Exchange
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