12911 El Dorado Avenue, Sylmar, CA 91342
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Sold Price :
$1,675,000
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
12911 El Dorado Avenue |
City |
Sylmar |
State |
CA |
Zip |
91342 |
County |
Los Angeles |
Listing Agent |
Timothy Barden DRE #01769199 |
Courtesy Of |
Park Place Partners, Inc. |
Close Price |
$1,675,000 |
Status |
Closed |
Type |
Land |
Structure Size |
N/A |
Lot Size |
27,222 |
Listing information courtesy of: Timothy Barden, Park Place Partners, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 28th, 2024 at 2:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.