Sylmar, CA 91342,12911 El Dorado AVE
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Sylmar, CA 91342,12911 El Dorado AVE
Sylmar, CA 91342,12911 El Dorado AVE
Sylmar, CA 91342,12911 El Dorado AVE
Sylmar, CA 91342,12911 El Dorado AVE

$1,675,000

Est. payment /mo

$1,900,000

11.8%
Est.Price: ?

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12911 El Dorado AVE Sylmar, CA 91342

0.62 Acres Lot

SOLD DATE : 02/06/2024

Key Details

Sold Price $1,675,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-14872

Sold Date 02/06/24

HOA Y/N No

Lot Size 0.625 Acres

Property Description

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

Location

State CA

County Los Angeles

Area Syl - Sylmar

Zoning R-1-1-K

Interior

Fireplace No

Exterior

Fence Chain Link, Wood

Community Features Suburban

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N No

View None

Present Use Recreational

Building

Lot Description 2-5 Units/Acre, Level, Sprinklers None, Value In Land

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 2604013026

Acceptable Financing Cash

Listing Terms Cash

Financing Private

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Timothy Barden • Park Place Partners, Inc. • (949) 378-6098
Bought with Mauricio Arevalo • RE/MAX One

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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