12733 San Fernando Road, Sylmar
Sylmar Home For Sale
This prime 51,174 square foot C2-1VL-CPIO corner lot is currently occupied by month-to-month commercial tenants, generating around $27,000 in monthly rental income. The site presents a remarkable development opportunity, allowing for the construction of up to 173 residential units by density bonus or approximately 127 units by right, plus retail spaces. Located in the quickly evolving Sylmar area, the property is less than a mile from the planned Metro Station for the East San Fernando Valley Light Rail Transit Project. It is next to a 14-unit residential building built in 2011 and is opposite a bike path adjacent to the future Metro Line tracks, offering clear views of the mountains. Positioned within a Qualified Opportunity Zone, this enhances its investment appeal. The existing buildings cover roughly 18,550 square feet, though buyers are advised to verify all information independently. The sale includes two parcels: APNs 2604-024-002 and 2604-024-001.
Property Details
Additional Information
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- City:
- Sylmar
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- County:
- Los Angeles
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- Zip:
- 91342
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- MLS® #:
- 24401207
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- Lot Size:
- 1.17
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of July 24th, 2024 at 10:28pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.