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$ 1,150,000
Est. payment | /mo
0.44 Acres Lot
$ 1,150,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26226033
HOA Y/N No
Lot Size 0.438 Acres
Property Description
Rare 0.44 acre (approx. 19,166 SF) level infill lot in Pacoima with multiple ministerial development paths. Pursue an SB 1123 small lot subdivision for up to 10 fee simple for sale homes with no public hearing, no CEQA review, and a 60 day map approval. Zoning allows a 45 ft height limit and 3:1 FAR, supporting three story homes up to the 1,750 SF average size cap. Alternatively, an SB 9 play allows a lot split with up to two units per lot while keeping the existing home. Property is improved with a single family residence and detached garage, offering holding income or a keep and build option. Located in a federally designated Opportunity Zone with potential capital gains benefits for qualified investors. Street, water and sewer in place. Quick access to the 5, 118 and 210 freeways, near Hansen Dam, Costco, Target and Lowe's. APN 2532-006-011. Ideal for builders, small lot developers and OZ investors. Buyer to verify all development potential.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAA2
Interior
Fireplace No
Exterior
Community Features Valley
View Y/N Yes
View Neighborhood, Valley
Building
Lot Description Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 2532006011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Shayanne Andujar LPT Realty, Inc 213-709-6065, DRE #02157250