3 Beds
2 Baths
1,552 SqFt
3 Beds
2 Baths
1,552 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,552 sqft
Price per Sqft $869
MLS Listing ID SR26140456
Bedrooms 3
Full Baths 2
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1950
Lot Size 8,624 Sqft
Property Sub-Type Single Family Residence
Property Description
The property has almost completed an SB-9 lot split process, to create Parcel A containing approximately 5,149 square feet and Parcel B containing approximately 3,467 square feet. The existing residence is located on what would be Parcel A, while Parcel B offers future development potential subject to buyer investigation and final SB9 approval. Available due diligence materials include tentative parcel maps, correspondence related to the subdivision process, and designer-prepared plans and drawings that have been submitted and stamped through the City approval process.
Buyers should be aware that a final park-related fee of approximately $17,000 remains outstanding as part of the SB-9 Lot Split process. Seller is willing to consider a buyers credit toward this fee, or other concessions as part of a negotiated transaction. Seller, as required currently resides on the premises.
Seller states that upon payment of this fee the Lot Split will complete creating two separate and developable addresses: 20957 Community St. and 8400 Independence Ave. This current transaction is for ONE APN number prior to the split, thus allowing the Buyer to obtain ONE parcel and complete the SB9 split after close.
Seller has invested significant time, effort, and expense into the entitlement and development process and has established a clear understanding of the property's value and development potential. Accordingly, offers should reflect the property's current income stream, pending SB9 lot split, and future development opportunities.
All Buyers must submit proof of funds & their Pre Qualifications letter with written offers.
Do NOT bother residents. Showings by Appointments. Drive By OK. No Door Knock
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Rooms
Other Rooms Guest House Attached
Main Level Bedrooms 3
Interior
Interior Features Laminate Counters, Open Floorplan, All Bedrooms Down, Bedroom on Main Level
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Laundry None
Exterior
Parking Features Driveway, Off Street, Shared Driveway, Side By Side
Pool None
Community Features Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
View Y/N Yes
View Neighborhood
Porch Concrete
Private Pool No
Building
Lot Description Corner Lot, Near Public Transit, Street Level
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Additional Building Guest House Attached
New Construction No
Construction Status Repairs Cosmetic
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2779006029
Security Features Smoke Detector(s),Security Lights
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS