20652 Pesaro Way 0.36 Acres of Commercial Land Offered at $5,000 in Northridge, CA 91326

The information contained in these sources is deemed reliable, but accuracy and
completeness are not guaranteed. This material is provided merely as a courtesy to the
prospective bidders. All prospective bidders are encouraged to make visual inspections
prior to the auction. The property is sold in “AS IS” condition.
LOCATION: Adjacent to: 20652 Pesaro Way, Los Angeles, CA 91326
PROPERTY: Unimproved vacant lot APN/AIN: none available
SIZE: 15,484 S.F. LIKELY ZONING: PF-1XL
SHAPE: Irregular TOPOGRAPHY: Slightly hilly, rough terrain
UTILITIES: None TENANCY: None
ENCUMBRANCES: Parcel is landlocked. Caltrans will not provide access to parcel.
REMARKS: This sale is subject to the approval of the California Transportation Commission
(CTC). The successful bid will be submitted for approval at the CTC meeting tentatively
scheduled for December 4, 2025. Hazardous Waste Assessment available upon request.
MINIMUM BID: $5,000
BIDDER DEPOSIT: $5,000
DATE OF AUCTION: July 22, 2025, at 11:30 a.m.
PURCHASE DEPOSIT: Winning bidder shall remit a Bidder Deposit at time of Auction.
Winning Bidder shall remit an additional deposit equivalent to at least 10% of the total
winning bid, if the winning bid is more than $5,000, within (5) working days but in no event shall be later than July 28, 2025, at
11:30 a.m., or the Bidder Deposit shall be retained by Caltrans as liquidated damages
and the parcel may be awarded to subsequent highest bidders at the high bid price.
PURCHASE PERIOD: Balance in full due on or before December 19, 2025, at 11:30 a.m.
REMITTANCE OF PAYMENT: Payments shall be made payable to California Department
of Transportation. Minimum Bidder Deposit must be in the form of a cashier’s check,
money order, or certified check and delivered to Caltrans District 7 Right of Way Division,
Excess lands at 100 South Main Street, MS-6, Los Angeles, CA 90012. Balance of Purchase
price must be in the form of an Electronic Funds Transfer and documentation of the
transfer with the completed date is required. **Caltrans does not accept personal checks or cash.**