12911 El Dorado Avenue, Sylmar, CA 91342
Property
Sold February 2024
Listing Agent: Timothy Barden (DRE #01769199) · Listing Office: Park Place Partners, Inc. · Contact: (949) 378-6098 · Bought with: Mauricio Arevalo · RE/MAX One · MLS #P1-14872 · Source: CRMLS
About this property
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
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history