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We are pleased to present a 16,000 SF development opportunity for sale. The subject property is located in a strong Warner Center adjacent location, north of Saticoy Street and west of Owensmouth Avenue. Zoned RS-1, this property is eligible for small-lot subdivision under SB 1123, also known as the "Starter Home Revitalization Act" (Buyer to verify). Under this program a developer would be allowed to subdivide the 100' x 160' (16,000 SF) rectangular parcel into up to ten (10) smaller fee-simple parcels for the purpose of building attached or detached single-family on each with an option to add ADUs. A developer would benefit from the low-cost construction profile that typically sells at a higher price per foot than any other asset type. The property will be delivered vacant with no history of past leases. Situated in a strong Warner Center adjacent location, this offering presents a rare opportunity for any developer to capitalize on an expedited ministerial approval process to build fee-simple single-family product at an attractive land basis.
| Last Updated | 7/13/2026 | Year Built | 0 |
|---|---|---|---|
| Community | CP - Canoga Park | County | Los Angeles |
Additional Details
| AREA | CP - Canoga Park |
|---|---|
| LOT | 0.3674 acre(s) |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 100x160 |
| SEWER | Other |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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