Listed by Richard Byrd, Park Place Partners, Inc.,

15503 El Cajon Street

Sylmar, CA, 91342

$1,900,000

$1,055 per ft²
$1,900,000
$1,055 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
3 Baths
carpenters-square
1,800 ft²
property_type
Multi-family
calendar
Built 1951
Situated in a quiet residential neighborhood of Sylmar,15503 El Cajon Street presents the opportunity to acquire an entitled property that has been approved for a five lot R1 subdivision, with a recorded final map and Architecture to be permit ready by close of escrow. Two lots haveexisting single family residential homes that can be remodeled and rented or sold. Three lots are currently undeveloped with entitlements for three 2,485 SF, 2-story Single Family Detached Homes on 5,089 SF Lots (plansavailable by request). The underlying entitlements allowed a zone change to from A-1 to R-1. There are no affordablehousing requirements for the project, it is not subject the affordable housing linkage fee and seller has paid park fees for all lots.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 by utilizing SB9 lot splits to achieve additional units. Seller and broker make no representations to adding additional ADU's or creating lotsplits. Buyer to verify.Please do not disturb existing tenants.Offers Due July 21, 2022
MLS® ID:
P1-10255
Listed:
6/30/22
Updated:
9/26/22

Interior Features

Kitchen Appliances
Electric Range, Gas Range
Total Bedrooms
5
Full Bathrooms
3
Interior Features
All Bedrooms Down, Bedroom on Main Level
Laundry Description
Gas Dryer Hookup, Inside
Floor Description
Carpet, Tile
Fireplace
None
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Wall Furnace

Exterior/Building Features

Lot Size
0.62 acres lot
Exterior Features
Covered
Architectural Style
Duplex
Lot Details
2-5 Units/Acre, Sprinklers None, Street Level
Sewer
Public Sewer

Other Property Details

Area Name
SYL - Sylmar
HOA Amenities
Suburban
Garage
Yes
Garage Spaces
1
Parking
Asphalt, Concrete, Door-Single, Garage, Uncovered
Parking Total
1.0
View
Y
County
Los Angeles
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, See Remarks, Water Available, Water Connected
Water Source
Public
Pool
No
Pool Description
None
Total Stories
1
Zoning
R-1-1-K

 

Listed by Richard Byrd, Park Place Partners, Inc.,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/26/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 6:17 PM UTC, 9/26/22

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