Sylmar, CA 91342,13035 SAN FERNANDO RD
$1,600,000
$1,825,000
12.3%
Est.Price: ?

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0.48 Acres Lot

13035 SAN FERNANDO RD Sylmar, CA 91342

Est. payment /mo
SOLD DATE : 09/01/2020

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Key Details

Sold Price $1,600,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20546992

Sold Date 09/01/20

HOA Y/N No

Lot Size 0.484 Acres

Acres 0.4837

Property Description

HUGE PRICE REDUCTION! We are pleased to present for sale a C2 development opportunity located in the San Fernando Valley neighborhood of Sylmar. The subject property consists of a total lot size of 21,069 sqft, meaning a developer can build up to 52 units by right! Possibilities are endless with this oversized, CORNER lot due to the attractive C2 zoning: perfect for residential apartments, mixed use, NON-PROFIT projects, and more! Property is also located in a QUALIFIED OPPORTUNITY ZONE! (potential tax incentives for new construction projects-buyer). Location provides easy access to the 5 and 210 freeways. Current improvements include a 8 unit motel. Rent the rooms for extra cash while going through entitlements! Don't miss this opportunity to build on a large corner lot at a LOW price per door of only ~$35,000/door! Buyer to verify all zoning and regulations with LADBS. Please submit offer on CAR Commercial Property Purchase Agreement. Seller will consider all reasonable offers!

Location

State CA

County Los Angeles

Area Syl - Sylmar

Zoning LAC2

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 2604012026

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Daniel Shamooelian • Keller Williams Beverly Hills
Bought with David Prieto • Sync Brokerage, Inc.

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Cher Team

Broker | License ID: 02094241

+1(949) 683-7472

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