9201 Langdon Avenue

Los Angeles CA 91343

69927 sq. ft.

Land

Currently for sale - view listing

Overview

RECORDED FINAL TRACT MAP! This is an excellent development opportunity for a builder/investor to construct 9 brand new single family homes with the potential of a detached ADU &/or junior ADU on each lot for additional value or income. The property sits on a 69, 925 square foot lot 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 allows 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.