$1,299,999
Development opportunity with major upside on a 24,000+ sq ft lot in the foothills of Tujunga. This beautifully remodeled 4-bedroom, 2-bathroom home offers over 1,300 square feet of living space and sits on an expansive LAR1-zoned lot with exceptional potential for expansion, income, or future development. The existing home has been thoughtfully updated and features a functional floor plan, allowing buyers to move in and enjoy immediately while exploring the significant possibilities the property offers. The true value lies in the land. With over half an acre of usable space, buyers may explore the potential to utilize California’s SB9 legislation to split the lot into two parcels (buyer to verify with the City of Los Angeles). Each parcel may allow for additional residential development, creating a rare opportunity for a multi-home setup. In addition, the property may offer the ability to add accessory dwelling units (ADUs) — potentially up to three additional units depending on configuration and city approvals — making this an ideal property for those looking to create a multi-unit compound, rental income property, or long-term development project. Properties offering this combination of remodeled living space, oversized land, and SB9/ADU potential are increasingly difficult to find in the foothill communities of Los Angeles. Conveniently located near parks, hiking trails, local shopping, dining, and commuter routes while still providing the privacy and space of canyon living. Live in it, expand it, or develop it — the possibilities here are substantial. (Buyer to verify zoning, development potential, SB9 eligibility, and ADU regulations with the City of Los Angeles.)
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Listed by Mark Hermann with Real Brokerage Technologies, Inc. (619) 248-6434
Property Type
Single Family Residence
Status
Active
MLS Number
SR26049679
Year Built
1921
Lot Size
0.56 acres