$999,000
PENDING

Estimated payment $6,322/month

Total Views 4,901
1.25 Acres
$798,115 Price per Acre
54,524 Sq Ft Lot

Highlights

  • 1.25 Acre Lot
  • No HOA
  • Horse Trails
  • Property is near a park
  • Park
  • Foothills

About This Lot

Attention Developers and Investors! Discover an exceptional development opportunity on a sprawling 54,494 sq. ft. flat and fully usable lot zoned LARA. Situated in the historic tract of the Los Angeles Olive Growers Association Land—once home to 1,700 acres of olive trees and the world’s largest olive grove—this property offers a unique blend of history and potential. With ample space, the possibilities are endless: build a single-family home, create a hobby farm for gardening or raising livestock like chickens or goats, or design detached structures such as garages, workshops, ADU or Jr. ADU. Conveniently located near major freeways (5, 210, 14, 405, 118, and 170 fwy's), the property provides easy access to local attractions like the Nethercutt Museum, scenic horse and hiking trails, and top-tier medical facilities, including Olive View and Holy Cross Hospitals. Don’t miss this rare opportunity to own a piece of San Fernando Valley history with endless possibilities!

Listing Agent

Allan Vides

Realty Executives Brokerage Phone: 818-339-3153 License #01784562 Listed on: 12/30/2024

Realty Executives

Property Details

Property Type

  • Land

Lot Details

  • 1.25 Acre Lot
  • Property is zoned LARA

Location

  • Property is near a park
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 7 / 122
  • Assessor Parcel Number 2505024010
  • $89 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Valley

Recreation

  • Park
  • Horse Trails
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: LARA
  • Property Type: Land
  • Parcel Number: 2505024010
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.32

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Horse Trails, Park, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 54525.00
  • Lot Size Acres: 1.2517
  • Latitude Manual: 34.30966700

Multi Family

  • Lot Size Area: 54525.0000 Square Feet

Tax Info

  • Tax Block: 122
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 89.00

Map

Range of Values:

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ICE

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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
03/31/2025 03/31/25 Pending -- -- --
01/16/2025 01/16/25 Off Market $999,000 -- --
12/30/2024 12/30/24 For Sale $999,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24253772

California Regional Multiple Listing Service (CRMLS)