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!
Property Type(s):
Lot/Land/Acreage
|
Last Updated
|
2/25/2025
|
Community
|
Granada Hills
|
|
County
|
Los Angeles
|
Price History
|
Prior to Feb 25, '25
|
$1,600,000 |
| Feb 25, '25 - Today |
$1,500,000 |
Additional Details
| AREA |
Granada Hills |
| HOA DUES |
0 |
| LOT |
0.91 acre(s) |
| LOT DESCRIPTION |
0-1 Unit/Acre, Front Yard, Sprinklers In Front |
| UTILITIES |
Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LARS |
Location
Listed with RE/MAX One
Based on information from CRMLS as of 3/14/25 6:38 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2025.
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