Description
Situated in a quiet residential neighborhood of Sylmar,15503 El Cajon Street presents the opportunity to acquire an entitled property that has been approved for a five lot R1 subdivision, with a recorded final map and Architecture to be permit ready by close of escrow. Two lots haveexisting single family residential homes that can be remodeled and rented or sold. Three lots are currently undeveloped with entitlements for three 2,485 SF, 2-story Single Family Detached Homes on 5,089 SF Lots (plansavailable by request). The underlying entitlements allowed a zone change to from A-1 to R-1. There are no affordablehousing requirements for the project, it is not subject the affordable housing linkage fee and seller has paid park fees for all lots.The existing houses may have the ability to have an ADU and/or a JADU added to each. All five of the lots may be able to be subdivided further by utilizing SB9 lot splits to achieve additional units. Seller and broker make no representations to adding additional ADU's or creating lotsplits. Buyer to verify.Please do not disturb existing tenants.Offers Due July 21, 2022
Location
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Listing Agent: Richard Byrd Courtesy of: Park Place Partners, Inc. The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 15th August, 2022 3:37 PM (UTC)
