Bought with Mauricio Arevalo • RE/MAX One
$1,675,000
$1,900,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
12911 El Dorado Avenue Sylmar (los Angeles), CA 91342
27,222 SqFt
Key Details
Sold Price $1,675,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 27,222 sqft
Price per Sqft $61
MLS Listing ID CRP1-14872
Sold Date 02/06/24
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 0.625 Acres
Property Description
Permits Ready to Issue (RTI) for 3 New Single Family Lots plus 2 Existing Single Family Homes, on five subdivided R1 lot parcels. Construction can begin immediately for new home deliveries in 2024. Two parcel have existing single family residential homes that can be quickly renovated to flip or held for rental income. Three parcels are permit ready with RTI Building and Grading Permits with each unit consisting of 4 bedroom, 2,485 SF, 2-story Single Family Detached Homes on 5,089 SF Lots. There are no affordable housing requirements for the project and it is not subject the affordable housing linkage fee. The existing houses may have the ability to have an ADU and/or a JADU added to each. All five of the lots may be able to be subdivided further using lot splits to achieve additional units. Seller and broker make no representations to adding additional units or creating lot splits. Buyer to verify
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View None
Building
Lot Description Level
Water Public
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.