List Price: $1.27M

Listing Status: Active

Days on Market: 1

3 Bedrooms · 2 Bathrooms · 2,557 sq ft

Property Type: Residential

Year Built: 1924

Lot Size: 17,968 sq ft

Garage Spaces: 2

Private Pool: Yes

MLS Number: SR26079273

About This Property

Prime Development Opportunity – Unlock the Full Potential! An exceptional opportunity for investors and developers to capitalize on this versatile property with multiple pathways for a high-ROI project. Currently seller has plans with the city under SB9 which include a 2-story duplex totaling 2,200 sqft and two 2-story ADUs, each 1,200 sqft, resulting in 4 independent units — perfect for maximizing rental income or resale. For visionary developers, SB1123 offers the potential to expand even further, allowing the construction of 6 to 12 units, significantly increasing the value and long-term profitability. Whether you choose to stick with the existing plans or scale up for a larger multi-unit project, both options promise strong returns. Strategic Location; situated on a street already featuring successful developments, with more on the horizon. Close to public transportation, major freeways (405 HWY), and a thriving working-class community — ensuring high tenant demand. This is the perfect project for experienced developers looking to either hold and rent or sell upon completion. Don’t miss out on this lucrative opportunity in a growing neighborhood! Buyers to perform their own investigations.

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