11101 Summit Trail, Kagel Canyon, CA 91342

Property Description

This is a Tear Down! Seller has most documents, plans reports to build new 1500 sq.ft. home. Health issues prevent seller from building himself. Fabulous 30,437 Sq.Ft. Los Angeles County R1 zoned serene site needs new house. Existing 1924 home was butchered by flippers and busted by the County for an over 50% remodel without benefit of permits. Now the old home must be brought up to all the new codes and standards, so it is just too cost prohibitive. The good new is that the winning buyer will receive most plans, reports, studies etc to build new 1500 sq.ft. residence with drainage & planting plans. Great opportunity for developers, owner-builders or investors. Only cash, non-contingent offers will be considered. With proof of funds and seller-approved Purchase agreement seller at seller's convenience, will allow purchasers to review (for their approval or disapproval) seller's studies, permits, plans, surveys, etc. etc. Basically, seller has spent a fortune getting the project ready to go forward. DRIVE BY ONLY! DO NOT TRY ENTERING THE PROPERTY! ACCESS TO ALL, INCLUDING AGENTS AND POTENTIAL BUYERS IS PROHIBITED. Property is being sold strictly 'as is'. New construction required -- not a fixer or flipper. Tremendous upside possible. The last builder sold 1,840 sq.ft new construction on small 7,794 sq.ft. lot for $616,500 on June 14, 2016. We have a better location, Horse Property, and almost 3/4 of an acre.