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$1,500,000
Est. payment /mo
0.91 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24241283
HOA Y/N No
Lot Size 0.910 Acres
Acres 0.9097
Property Sub-Type Lots/Land
Property Description
CURRENTLY THERE IS A 3+2 HOME RENTED ON A MONTH TO MONTH LEASE WHICH GENERATES INCOME WHILE LOT IS APPROVED FOR THE NEW DEVELOPMENT. PROPERTY FALLS UNDER SB 35, which means a streamlined approval for lot adjustments and plan approval, AND YOU CAN GET FOUR LOTS OUT OF THIS PROPERTY. (YOU NEED TO CONFIRM WITH THE CITY) UNDER SB 9, YOU COULD BE ABLE TO BUILD TWO HOMES PER LOT AND TWO ADUS PER LOT! OR SIXTEEN HOMES!!! WHICH LEAVES A LOT OF UPSIDE FOR A DEVELOPER OR LANDLORD. THE CHOICE IS YOURS! DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. FOR MOR INFORMATION, PLEASE CALL THE LISTING AGENT. Buyer to confirm the above information. FANTASTIC OPPORTUNITY FOR INVESTOR OR OWNER USER. THE HOME IS LOCATED ON A QUIET STREET AND OFFERS A WIDE-OPEN THREE-BEDROOM TWO, TWO-BATH HOME WITH A TWO-CAR DETACHED GARAGE THAT COULD EASILY BE TURNED INTO AN ADU AND INCREASE YOUR CASH FLOW, BUT THE HIGHEST AND BEST USE FOR THIS PROPERTY IS DEVELOPMENT! bUYER TO CONFIRM THE ABOVE WITH THE CITY DURING THEIR DUDILLAGENCE PERIOD!
CURRENTLY THERE IS A 3+2 HOME RENTED ON A MONTH TO MONTH LEASE WHICH GENERATES INCOME WHILE LOT IS APPROVED FOR THE NEW DEVELOPMENT. PROPERTY FALLS UNDER SB 35, which means a streamlined approval for lot adjustments and plan approval, AND YOU CAN GET FOUR LOTS OUT OF THIS PROPERTY. (YOU NEED TO CONFIRM WITH THE CITY) UNDER SB 9, YOU COULD BE ABLE TO BUILD TWO HOMES PER LOT AND TWO ADUS PER LOT! OR SIXTEEN HOMES!!! WHICH LEAVES A LOT OF UPSIDE FOR A DEVELOPER OR LANDLORD. THE CHOICE IS YOURS! DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. FOR MOR INFORMATION, PLEASE CALL THE LISTING AGENT. Buyer to confirm the above information. FANTASTIC OPPORTUNITY FOR INVESTOR OR OWNER USER. THE HOME IS LOCATED ON A QUIET STREET AND OFFERS A WIDE-OPEN THREE-BEDROOM TWO, TWO-BATH HOME WITH A TWO-CAR DETACHED GARAGE THAT COULD EASILY BE TURNED INTO AN ADU AND INCREASE YOUR CASH FLOW, BUT THE HIGHEST AND BEST USE FOR THIS PROPERTY IS DEVELOPMENT! bUYER TO CONFIRM THE ABOVE WITH THE CITY DURING THEIR DUDILLAGENCE PERIOD!
CURRENTLY THERE IS A 3+2 HOME RENTED ON A MONTH TO MONTH LEASE WHICH GENERATES INCOME WHILE LOT IS APPROVED FOR THE NEW DEVELOPMENT. PROPERTY FALLS UNDER SB 35, which means a streamlined approval for lot adjustments and plan approval, AND YOU CAN GET FOUR LOTS OUT OF THIS PROPERTY. (YOU NEED TO CONFIRM WITH THE CITY) UNDER SB 9, YOU COULD BE ABLE TO BUILD TWO HOMES PER LOT AND TWO ADUS PER LOT! OR SIXTEEN HOMES!!! WHICH LEAVES A LOT OF UPSIDE FOR A DEVELOPER OR LANDLORD. THE CHOICE IS YOURS! DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. FOR MOR INFORMATION, PLEASE CALL THE LISTING AGENT. Buyer to confirm the above information. FANTASTIC OPPORTUNITY FOR INVESTOR OR OWNER USER. THE HOME IS LOCATED ON A QUIET STREET AND OFFERS A WIDE-OPEN THREE-BEDROOM TWO, TWO-BATH HOME WITH A TWO-CAR DETACHED GARAGE THAT COULD EASILY BE TURNED INTO AN ADU AND INCREASE YOUR CASH FLOW, BUT THE HIGHEST AND BEST USE FOR THIS PROPERTY IS DEVELOPMENT! bUYER TO CONFIRM THE ABOVE WITH THE CITY DURING THEIR DUDILLAGENCE PERIOD!
Location
State CA
County Los Angeles
Area Granada Hills (91344)
Exterior
Utilities Available Cable TV,Electric,Natural Gas,Telephone
Others
Monthly Total Fees $30
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Ron Kelly • RE/MAX One
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