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This exceptional vacant lot is a golden opportunity, attracting homeowners, builders, developers, and entrepreneurs/developer minded individuals. If you have been searching for a perfect add value opportunity to double your investment then, This is THE project you’ve been waiting for!Whether you're planning to build for personal use, hold for future value, or develop for resale, this property offers unmatched potential. This rare find is SB9-ready, allowing for up to four units with completed planning, zoning, topography, and slope analysis. The lot boasts dual street access from both the top and bottom, making construction incredibly convenient. Even better, no street improvements are required, offering a significant cost-saving advantage. With over 70 feet of rare, wide frontage, the development possibilities are vast. You can build a large single-family home with an attached ADU, an SB9 duplex on top with a second duplex on the bottom, or take advantage of an urban lot split, constructing two homes with separate APNs and selling one to offset construction costs. The expert-designed layout meets all setback, height, and square footage requirements, ensuring maximum efficiency for any project. Enjoy breathtaking city views from both ends of the lot, with a strategic location just minutes from Glendale, Pasadena, DTLA, Silverlake, Highland Park, USC Medical Center, and more. Surrounding homes are selling for $1.3M – $1.4M+, making this a high-value investment with exceptional return potential. Opportunities like this don’t come around often. Whether you’re looking to build, develop, or invest, this property is a rare gem. Act now and bring your vision to life.Designed by the renowned BALYAN, LLC design firm, this project has been based on meticulous research, completed diligence on setback, heights, dedication, unit count, SB9 subdivision, and more to allow maximum potential. The seller will provide building configuration options tailored to your needs, and the design firm is available to assist with design, city planning, and permitting for an additional fee.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 3/11/2025 | Community | El Sereno |
|---|---|---|---|
| County | Los Angeles |
Additional Details
| AREA | El Sereno |
|---|---|
| HOA DUES | 0 |
| LOT | 4898 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
| ZONING | LAR1 |
Location
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Listed with Trimax Realty Team, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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