Property listed by Sync Brokerage, Inc., Andres Hoyos Rodriguez 818-614-4380
$1,275,000
Prime Development Opportunity – Unlock the Full Potential!
An exceptional opportunity for investors and developers to capitalize on this versatile property with multiple pathways for a high-ROI project. Currently seller has plans with the city under SB9 which include a 2-story duplex totaling 2,200 sqft and two 2-story ADUs, each 1,200… Read More sqft, resulting in 4 independent units — perfect for maximizing rental income or resale. For visionary developers, SB1123 offers the potential to expand even further, allowing the construction of 6 to 12 units, significantly increasing the value and long-term profitability. Whether you choose to stick with the existing plans or scale up for a larger multi-unit project, both options promise strong returns. Strategic Location; situated on a street already featuring successful developments, with more on the horizon. Close to public transportation, major freeways (405 HWY), and a thriving working-class community — ensuring high tenant demand. This is the perfect project for experienced developers looking to either hold and rent or sell upon completion. Don’t miss out on this lucrative opportunity in a growing neighborhood! Buyers to perform their own investigations. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
2
Square Ft.
2,557
Lot Size
0.41 Acres
Year Built
1924
MLS Number
SR26079273
Additional Details
Building
Built in 1924, Living area: 2557.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: Ground level
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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