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Fantastic rarely available Residential Income Development Opportunity!! The property is currently one single family home on a 12,005 sq ft lot with plans to subdivide the lot into two parcels with three units on each parcel for a total of six units combined on both parcels. Each potential parcel would contain a 2953 sq ft single family home with a Junior ADU and 533 sq ft ADU for a total building sq. footage of 3486 on each parcel for a combined 6972 sq. ft total for both parcels. The current owner has already spent $40,000 on developing two sewer mains for each potential parcel split. Furthermore, the owner has spent roughly $170,000 on additional plans and administrative legwork that is included in the sale. The subdivision of the lot into two parcels has already been approved pending a demo permit to tear down the existing structure. The property is currently occupied by a tenant that is vacating the current home in early October 2025. There is currently on one single family home on the property with one carport. The first five photos are renderings of the potential project and not to be construed as actual photos of the current site. For more detailed information please contact the Listing Agent.
Property Type(s):
Residential Income
| Last Updated | 9/4/2025 | Tract | Other |
|---|---|---|---|
| Year Built | 1933 | Community | VN - Van Nuys |
| Garage Spaces | 1.0 | County | Los Angeles |
Additional Details
| AIR | Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Range, Gas Oven |
| AREA | VN - Van Nuys |
| GARAGE | Yes |
| HEAT | See Remarks |
| LOT | 0.2756 acre(s) |
| PARKING | Carport, Driveway, RV Access/Parking |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Other |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with American Dream Realty
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.
This IDX solution is (c) Diverse Solutions 2025.
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