Pacoima (los Angeles), CA 91331,10550 Haddon Avenue
$380,000
$370,000
2.7%
Est.Price: ?

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7,500 Sqft Lot

10550 Haddon Avenue Pacoima (los Angeles), CA 91331

Est. payment /mo
SOLD DATE : 07/25/2024

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Key Details

Sold Price $380,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CL24389125

Sold Date 07/25/24

HOA Y/N No

Lot Size 7,500 Sqft

Acres 0.17

Property Sub-Type Unimproved Land

Property Description

We are pleased to present 10550 Haddon Ave in Pacoima, CA. The offering is a vacant lot spanning 7,498 square feet (0.17 acres). The property presents an opportunity to construct a duplex along with two detached accessory dwelling units (ADUs), capitalizing on the increasing demand for housing in the area. Moreover, Senate Bill 9 (SB 9), also known as the Housing Opportunity and More Efficiency (HOME) Act, further enhances the investment appeal by streamlining the development process. SB 9 facilitates two primary avenues for development: Two Unit Developments and Urban Lot Splits. It simplifies and expedites the permitting process for constructing two primary dwelling units on single-family zoned lots, as well as subdividing existing single-family zoned lots into two individual parcels without the need to meet the minimum lot size requirements typically imposed by the underlying zoning regulations. This legislation aligns with the ongoing efforts to address California's housing shortage by promoting infill development opportunities, making this property an attractive option for investors seeking to capitalize on the evolving real estate landscape. Pacoima, situated in the San Fernando Valley region of Los Angeles, California, offers a dynamic blend of urban convenience and suburb

Location

State CA

County Los Angeles

Zoning LAR1

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 2619026004

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Bridge MLS
Listed by Filip Niculete • Marcus & Millichap
Bought with AndrewZeiser

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Ian Stapp

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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