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- LoopNet Team
14008 Foothill Blvd
Sylmar, CA 91342
ED 1 Development Site | Sylmar | $102 PPSF · Land For Sale
·
0.49 AC
Investment Highlights
- 100% Affordable Site
- Build Unlimited Units
- Duplex Generates $3,775/month
- Rare 21,549 Square Foot Lot
- Expedited Approval Process
- Zoned R3-1
Property Facts
Description
This development site benefits from strategic positioning within Sylmar, CA. Boasting proximity to essential amenities, including schools, shopping centers, and recreational facilities, the site offers residents convenient access to daily necessities and leisure pursuits. Additionally, its favorable locale within the greater Los Angeles area ensures connectivity to major transportation routes, enhancing accessibility for residents commuting to neighboring districts. Such attributes underscore the desirability and viability of this investment opportunity within a burgeoning market for affordable housing. Moreover, the site's surroundings encompass a burgeoning community characterized by ongoing urban development and economic growth initiatives. As part of a dynamic neighborhood fabric, this investment holds promise for contributing to the local socio-economic landscape while addressing the pressing need for affordable housing solutions. In summary, this development site presents a compelling proposition for investors seeking to engage in socially impactful ventures within a burgeoning real estate market.
Property Taxes
| Parcel Number | 2504-022-003 | Improvements Assessment | $509,379 |
| Land Assessment | $1,188,552 | Total Assessment | $1,697,931 |
Property Taxes
