$1,150,000
FOR SALEActive11523 Sproule Avenue
Pacoima CA 91331
N/A
SF
Land
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
About This Property
Rare 0.44 acre (approx. 19,166 SF) level infill lot in Pacoima with multiple ministerial development paths. Pursue an SB 1123 small lot subdivision for up to 10 fee simple for sale homes with no public hearing, no CEQA review, and a 60 day map approval. Zoning allows a 45 ft height limit and 3:1 FAR, supporting three story homes up to the 1,750 SF average size cap. Alternatively, an SB 9 play allows a lot split with up to two units per lot while keeping the existing home. Property is improved with a single family residence and detached garage, offering holding income or a keep and build option. Located in a federally designated Opportunity Zone with potential capital gains benefits for qualified investors. Street, water and sewer in place. Quick access to the 5, 118 and 210 freeways, near Hansen Dam, Costco, Target and Lowe's. APN 2532-006-011. Ideal for builders, small lot developers and OZ investors. Buyer to verify all development potential.
Property Information
Property Overview
Land
Property Type
Active
Status
LAA2
Zoning
0.4384 acres
Lot Size
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# SR26226033
Listed:
Nalren refreshed:
Last updated
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Listed by: LPT Realty, Inc
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.