$665,000
$750,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
6,499 Sqft Lot
SOLD DATE : 12/04/2019
Key Details
Sold Price $665,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB19182386
Sold Date 12/04/19
HOA Y/N No
Lot Size 6,499 Sqft
Property Description
BACK ON THE MARKET, FELL OUT OF ESCROW ** Buyer and Buyer's Agent to Verify all information themselves as information here has been provided by the Assessors, Builder and information from the plans available for review on this Listing.** Time Is Money !!! Great lot Cleared and Ready to Build. Included with the sale of this property are Los Angeles City RTI (Ready to Issue) approved plans for a 4-unit apartment building in a great location in Granada Hills. • No need to demo any structure (already done) • Sewer...already capped. • No plan check no revisions. • Slab on grade style construction. • No subterranean costs. • Plans are grandfathered in compared to current code • All four units are 3-bedroom 2 1/2 Bath with almost 1700 SqFt. • Each unit has their own laundry room and two covered parking spaces. • Street to alley lot with rear entrance off alley • Adjacent Lot also has RTI approved plans for identical 4-unit building. Demolition completed, and sewer capped. • Buy one lot or both lots and break ground right away. • Imagine the options. Big advantage of 4-unit buildings, treated as residential instead of commercial and much easier back end financing. • Always a demand for 4-unit buildings. Do the math: Market rents are $3,200 per unit Great exchange property for a builder $775,000 per lot with RTI approved plans Call listing agent for special construction cost discounts
Location
State CA
County Los Angeles
Area Gh - Granada Hills
Zoning LARD1.5
Interior
Fireplace No
Exterior
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description Item25UnitsAcre
Water Public
New Construction No
Others
Senior Community No
Tax ID 2695003008
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with Anna Hamzoian • SARO Realty Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "