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7800 Jordan AVE Los Angeles, CA 91304
0.37 Acres Lot
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26859397
HOA Y/N No
Lot Size 0.367 Acres
Property Description
We are pleased to present a 16,000 SF development opportunity for sale. The subject property is located in a strong Warner Center adjacent location, north of Saticoy Street and west of Owensmouth Avenue. Zoned RS-1, this property is eligible for small-lot subdivision under SB 1123, also known as the "Starter Home Revitalization Act" (Buyer to verify). Under this program a developer would be allowed to subdivide the 100' x 160' (16,000 SF) rectangular parcel into up to ten (10) smaller fee-simple parcels for the purpose of building attached or detached single-family on each with an option to add ADUs. A developer would benefit from the low-cost construction profile that typically sells at a higher price per foot than any other asset type. The property will be delivered vacant with no history of past leases. Situated in a strong Warner Center adjacent location, this offering presents a rare opportunity for any developer to capitalize on an expedited ministerial approval process to build fee-simple single-family product at an attractive land basis.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning LARS
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights
Building
Lot Description Rectangular Lot, Value In Land
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 2110012026
Special Listing Condition Standard
Listed by John Boyett CBRE #02056759
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