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Key Details
Sold Price $1,450,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 630 sqft
Price per Sqft $2,301
MLS Listing ID SR23144790
Sold Date 09/14/23
Style Detached
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1947
Lot Size 0.659 Acres
Acres 0.6593
Property Description
Invest in this exceptional property that boasts a sprawling 28,717 sqft lot. This project is currently zoned RA with higher density in the General Plan allowing for RD5 density. An investor can do a subdivision to build houses + ADUs OR an investor can build an 100% Affordable development utilizing AB2334, State Density Bonus. Seller currently has plans designed for an 114 unit apartment building. No RSO, No Ellis and No Relocation of Tenants makes this lot attractive for a developer. The Property will be delivered VACANT. This property is walkable to a great shopping center on Tampa/Saticoy. Don't miss out on this incredible opportunity to secure this oppurtunity!
Invest in this exceptional property that boasts a sprawling 28,717 sqft lot. This project is currently zoned RA with higher density in the General Plan allowing for RD5 density. An investor can do a subdivision to build houses + ADUs OR an investor can build an 100% Affordable development utilizing AB2334, State Density Bonus. Seller currently has plans designed for an 114 unit apartment building. No RSO, No Ellis and No Relocation of Tenants makes this lot attractive for a developer. The Property will be delivered VACANT. This property is walkable to a great shopping center on Tampa/Saticoy. Don't miss out on this incredible opportunity to secure this oppurtunity!
Location
State CA
County Los Angeles
Area Reseda (91335)
Zoning LARA
Exterior
Garage Spaces 1.0
View Mountains/Hills
Total Parking Spaces 1
Building
Story 1
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $26
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Francois Takle • Coldwell Banker Hallmark Realty
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