Description
On offer are two side-by-side lots in Chatsworth, with no RSO and no need to Ellis. With a combined 13,910 SF R3-1 Tier 3 land on Eton Ave., the properties are located on a quiet residential street right off Devonshire St., yet two blocks to Ralphs & half a mile to the Orange Bus Line. With easy access to Topanga Canyon & 118 fwy, this laid-back location in the San Fernando Valley allows for easy commutes to the job centers in Los Angeles (including Warner Center), to Simi Valley and more. The existing houses are both 3 + 2, are on M-t-M leases, and generate a combined $5,150 in rent/month. The houses can potentially be delivered vacant, but with no RSO, keep the income while preparing your redevelopment project. Average household income within a One Mile Radius is over $106,000! A lot of new and recent construction in the area including a project currently under construction one block away. With a double-lot just under 103 feet by 135 feet, build 17 units By-Right, or take advantage of TOC & build 31 units. Conceptual Plans for a 30 unit project are available upon request. A Preliminary Zoning Assessment Referral done by City Planning and Building & Safety is approved for 30 Units. Transaction includes 10229 & 10233 Eton Ave. - APNs: 2747-011-042 and 2747-011-041.
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0.32ACRES
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School Ratings & Info
Description
On offer are two side-by-side lots in Chatsworth, with no RSO and no need to Ellis. With a combined 13,910 SF R3-1 Tier 3 land on Eton Ave., the properties are located on a quiet residential street right off Devonshire St., yet two blocks to Ralphs & half a mile to the Orange Bus Line. With easy access to Topanga Canyon & 118 fwy, this laid-back location in the San Fernando Valley allows for easy commutes to the job centers in Los Angeles (including Warner Center), to Simi Valley and more. The existing houses are both 3 + 2, are on M-t-M leases, and generate a combined $5,150 in rent/month. The houses can potentially be delivered vacant, but with no RSO, keep the income while preparing your redevelopment project. Average household income within a One Mile Radius is over $106,000! A lot of new and recent construction in the area including a project currently under construction one block away. With a double-lot just under 103 feet by 135 feet, build 17 units By-Right, or take advantage of TOC & build 31 units. Conceptual Plans for a 30 unit project are available upon request. A Preliminary Zoning Assessment Referral done by City Planning and Building & Safety is approved for 30 Units. Transaction includes 10229 & 10233 Eton Ave. - APNs: 2747-011-042 and 2747-011-041.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-20T06:44:39.73. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.