51,093 SF RD3 Land - 5 Units - Add ADUs or Redevelopment
$2,390,000
12643 Norris Avenue, Los Angeles, CA 91342
3,479 sqft
Building Size
51,093 sqft
Lot Area
Details:
Highlights:
- 5 Detached Houses Each Around 700 SF
- Keep Existing Income While Adding ADUs or Planning Project
- Near the MetroLink Station
- Walkable Family-Friendly Neighborhood
- Short Distance to Food4Less, CVS, & Other Glenoaks Businesses
- Prime Sylmar Location Near Sylmar Park & Community School
- Easy Access to the 405, 5 and 210 Freeways
Description:
PartnersCRE is pleased to exclusively present for sale a rare combined assembly of three parcels for a combined lot measuring well over an acre, at 51,093 SF, priced at $47 per square foot of land.
Comprised of 5 little houses on the over-sized combined parcels, there is plenty of space to add ADUs, or a covered land play while you plan your SB684 project...or hold long-term while collecting income from the 5 houses and future ADUs in the vacant expanses. The land is zoned RD3-1XL-CPIO.
Or consider a By-Right Development, which should allow for 17 units, or more with a Density Bonus(es) or ED1.
Situated in quiet, family-friendly Sylmar, the lots are triangular-shaped with just over 30 feet of frontage, providing for that cozy family-compound feel. The property has easy access to the 405, the 5 and the 210 freeways.
Under a mile to the MetroLink Station, the property is walking distance to Food4Less, CVS, food options, an Elementary School, a Middle School and a High School.
This one is easy, with the freedom that this amount of land entails.
Listing includes 3 APNs: 2507-003-033, 2507-003-034 & 2507-003-035.
Documents:
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| Norris12643_OM.pdf |
Location
Gallery