0.6 Acres Lot
0.6 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25140123
HOA Y/N No
Lot Size 0.598 Acres
Property Description
On 7-2-25 (a day after SB 1123 went into effect) Evanisko met with a Principal City Planner to ascertain the City's general friendliness towards and technical interpretation the bill – as it would apply in general and more specifically to the specific property. We were very much pleased to find out that not only is the City going to embrace the bill, but a draft of the implementation memo is already being finalized for issuance. We reviewed the subject property (and draft site plan here) in conjunction with the draft SB 1123 Interpretation memo with the Principal Planner. The site plan from our original draft was modified to reflect our conversation. That site plan can be accessed with the link above.
You will not find a property more suited for the utilization of SB1123. Outside of meeting all criteria, the site is sized in a manner that may accommodate all homes within two stories!
SB 1123 is currently law and is available now to process a ministerial subdivision of up to 10 homes (condos or small lots) with a maximum size of 1,750 SF each. Evanisko is prepared to assist a Buyer in the efficient processing of an 1123 application from start to finish.
We'd prefer escrows circa 180 days max. This will enable plenty of time to formally submit your application to ensure that no major impediments exist to your ability to leverage SB1123 on this property.
Location
State CA
County Los Angeles
Area Syl - Sylmar
Zoning RA-1K
Interior
Fireplace No
Exterior
Community Features Foothills, Gutter(s), Horse Trails, Stable(s), Mountainous, Rural, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban, Valley
View Y/N Yes
View Mountain(s), Neighborhood
Building
Lot Description 0-1 Unit/Acre, 16-20 Units/Acre, 11-15 Units/Acre, 2-5 Units/Acre, 6-10 Units/Acre, Agricultural, Corner Lot, Horse Property, Level, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 2604007007
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Horse Property Yes
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Agent | License ID: 00680027
29811 Santa Margarita Parkway, Suite 100, Margarita, CA, 92688