16051 Los Alimos Street Granada Hills, CA 91344

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 C...ONFIRM 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! Continue reading