Sylmar, CA 91342,12911 El Dorado
Sylmar, CA 91342,12911 El Dorado
Sylmar, CA 91342,12911 El Dorado
$1,675,000
Est. payment /mo
$1,900,000
11.8%
Est.Price: ?

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0.62 Acres Lot
SOLD DATE : 02/06/2024

Key Details

Sold Price $1,675,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-14872

Sold Date 02/06/24

HOA Y/N No

Lot Size 0.625 Acres

Acres 0.6249

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
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

Location

State CA

County Los Angeles

Area Sylmar (91342)

Others

Acceptable Financing Cash

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Timothy Barden • Park Place Partners, Inc.
Bought with Mauricio Arevalo • RE/MAX One

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Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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