This Land Property is no longer advertised on LoopNet.com.

9151 Langdon Ave
North Hills, CA 91343
8 SFR LOTS WITH FINAL RECORDED TRACT MAP · Land For Sale · 1.34 AC

Investment Highlights

  • Final Recorded Tract Map for 9 new single family homes with R1-1 zoning. Owner will sell 8 lots & keep lot #4. Price would be $1,750,000
  • Developer can build a single family home and maybe 1 or 2 more units on each lot
  • Each parcel has its own separate APN and address
  • Existing single family house rented at $3,300 per month for income while processing plans and permits
  • Property has 237 square feet of frontage and has approximately 69,925 square feet overall

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 1.34 AC
Zoning R1-1

Description

RECORDED FINAL TRACT MAP! This is an excellent development opportunity for a builder/investor to construct 9 brand new single family homes (OWNER WILL SELL 8 LOTS & KEEP LOT #4. PRICE WOULD BE $2,000,000)with the potential of a detached ADU &/or junior ADU on each lot for additional value or income. The property sits on approximately 69,925 square feet of land that was subdivided into 9 single family lots. The final tract map was recorded in 2005. The utilities are to the site. A developer can sell them individually or add 1 or 2 units & sell them or rent them out & keep the asset as an investment or sell it in bulk. The lots are vacant except the front parcel #061 (known as 9201 Langdon) which has an existing single family house. it is rented month to month for $3,300 to a good quality tenant. A buyer may want to keep the house & add additional units in the rear as the lot is 11,700 Square feet. Each parcel has its own separate address on the private street that will need to be installed. The lots range in size from 5,691-11,700. The zoning is R1-1 allowing you to construct a new home of up to 45% of the lot (buyer's to verify) giving the developer/investor several options on what to build. The buyer is responsible for any and all city requirements & city fees for any new building plans, permits or street improvements, etc.. The property is being sold in its present "AS IS" condition. The seller is not in possession of any prior documents pertaining to the subdivision or recording of the final tract map. Don't miss this great opportunity to build 9 homes.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2656-027-062
  • 2656-027-058
  • 2656-027-060
  • 2656-027-063
  • 2656-027-085
  • 2656-027-092
  • 2656-027-059
  • 2656-027-091
Land Assessment
$238,933
Improvements Assessment
$0
Total Assessment
$238,933
  • Listing ID: 20490238

  • Date on Market: 8/2/2020

  • Last Updated:

  • Address: 9151 Langdon Ave, North Hills, CA 91343

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}