NOT LISTED FOR SALE

12911 El Dorado Ave Los Angeles, CA

Sylmar Neighborhood
0.62 Acre
-- Price per Acre
27,221 Sq Ft Lot

Last Sold February 06, 2024

Last sale price $1,675,000

30 Days on Market

Highlights

  • 0.62 Acre Lot
  • Wood Fence
  • Level Lot

About This Lot

As of February 2024

Permits Ready to Issue (RTI) for 3 New Single Family Lots plus 2 Existing Single Family Homes, on five subdivided R1 lot parcels. Construction can begin immediately for new home deliveries in 2024. Two parcel have existing single family residential homes that can be quickly renovated to flip or held for rental income. Three parcels are permit ready with RTI Building and Grading Permits with each unit consisting of 4 bedroom, 2,485 SF, 2-story Single Family Detached Homes on 5,089 SF Lots. There are no affordable housing requirements for the project and it is not subject the affordable housing linkage fee. 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 using lot splits to achieve additional units. Seller and broker make no representations to adding additional units or creating lot splits. Buyer to verify

Last Agent to Sell the Property

Tim Barden

Park Place Partners, Inc. License #01769199 Listed on: 08/28/2023

Last Buyer's Agent

Mauricio Arevalo

RE/MAX One License #01895221

RE/MAX One

Property Details

Property Type

  • Land

Lot Details

  • 0.62 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • No Sprinklers
  • Density is 2-5 Units/Acre
  • 2604-013-027, 2604-013-028, 2604-013-029, 2604-013-030
  • Value in Land
  • Property is zoned R-1-1-K

Location

  • Suburban Location

Utilities

  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2604013026

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Current Use: Recreational
  • Possible Use Comments: Entitlements approved to add three new Two Story Single Family Detached Homes in addition to the existing units.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: R-1-1-K
  • Property Type: Land
  • Parcel Number: 2604013026
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 69.80

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood

Utilities

  • Utilities: Cable Available, Water Connected, Water Available, Sewer Connected, Sewer Available, Phone Connected, Phone Available, Natural Gas Connected, Natural Gas Available, Electricity Connected, Electricity Available
  • Sprinklers: No
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2604-013-027, 2604-013-028, 2604-013-029, 2604-013-030
  • Land Lease: No
  • Lot Features: Level, 2-5 Units/Acre, Value In Land, Sprinklers None, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 27222.00
  • Lot Size Acres: 0.6249

Multi Family

  • Lot Size Area: 27222.0000 Square Feet

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $1,675,000 -11.8% --
08/27/2023 08/27/23 For Sale $1,900,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-14872

Pasadena-Foothills Association of REALTORS®