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Listed By: RE/MAX One, 818-489-1738, Ron Kelly

Local Realty Services Provided By: KW Porter Ranch

Overview

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Similar Homes

$1,500,000

16051 Los Alimos Street, Granada Hills, CA 91344

$1,500,000

16051 Los Alimos Street, Granada Hills, CA 91344

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Property Description

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CURRENTLY THERE IS A 3+2 HOME RENTED ON A MONTH TO MONTH LEASE WHICH GENERATES INCOME WHILE LOT IS APPROVED FOR THE NEW DEVELOPMENT.

PROPERTY FALLS UNDER SB 35, which means a streamlined approval for lot adjustments and plan approval, AND YOU CAN GET FOUR LOTS OUT OF THIS PROPERTY. (YOU NEED TO CONFIRM WITH THE CITY) UNDER SB 9, YOU COULD BE ABLE TO BUILD TWO HOMES PER LOT AND TWO ADUS PER LOT! OR SIXTEEN HOMES!!!

WHICH LEAVES A LOT OF UPSIDE FOR A DEVELOPER OR LANDLORD. THE CHOICE IS YOURS! DRIVE BY ONLY. PLEASE DO NOT DISTURB THE TENANTS. FOR MOR INFORMATION, PLEASE CALL THE LISTING AGENT. Buyer to confirm the above information.

FANTASTIC OPPORTUNITY FOR INVESTOR OR OWNER USER. THE HOME IS LOCATED ON A QUIET STREET AND OFFERS A WIDE-OPEN THREE-BEDROOM TWO, TWO-BATH HOME WITH A TWO-CAR DETACHED GARAGE THAT COULD EASILY BE TURNED INTO AN ADU AND INCREASE YOUR CASH FLOW, BUT THE HIGHEST AND BEST USE FOR THIS PROPERTY IS DEVELOPMENT!

bUYER TO CONFIRM THE ABOVE WITH THE CITY DURING THEIR DUDILLAGENCE PERIOD!

Property Details

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Overview

Property Type

Land

Days on Site

117 Days

Parking

Josana J at Keller Williams Hollywood Hills

Josana Joseph

Keller Williams Hollywood Hills

DRE # 02222551

(347) 437-8713

Josana@kw.com

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Activity History

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Data provided by Keller Williams Realty, Inc.

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No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,500,000

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Price & Tax History

Date

Event

Price

02/26/2025

Price Decrease

$1,500,000

(-6.25%)

$1,648,895/ac

11/27/2024

Listed

$1,600,000

(+566.67%)

$1,758,822/ac

07/18/2000

Sold

$240,000

$263,823/ac

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$7,837

(+4.81%)

$622,983

Land 373,791 + Additions 249,192

2022

$7,477

(+1.29%)

$598,793

Land 359,277 + Additions 239,516

2021

$7,382

(+3.04%)

$598,793

Land 359,277 + Additions 239,516

2019

$7,165

(+10.12%)

$592,655

Land 355,594 + Additions 237,061

2017

$6,507

$567,000

Land 339,000 + Additions 228,000

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.