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$370000   Price Analysis
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10550 Haddon Ave
Pacoima, CA 91331
Unknown bed 0 bath unknown SqFt ($0/SqFt)
7500SqFt lot.
Listed 2024-05-07, Taxes $3489
Ⓧ USDA Ineligible
due to property

near Los Angeles

We are pleased to present 10550 Haddon Ave in Pacoima

* Sale Pending *

CA. The offering is a vacant lot spanning 7, 498 square feet (0.17 acres). The property presents an opportunity to construct a duplex along with two detached accessory dwelling units (ADUs), capitalizing on the increasing demand for housing in the area. Moreover, Senate Bill 9 (SB 9), also known as the Housng Opportunity and More Efficiency (HOME) Act, further enhances the investment appeal by streamlining the development process. SB 9 facilitates two primary avenues for development: Two Unit Developments and Urban Lot Splits. It simplifies and expedites the permitting process for constructing two primary dwelling units on single-family zoned lots, as well as subdividing existing single-family zoned lots into two individual parcels without the need to meet the minimum lot size requirements typically imposed by the underlying zoning regulations. This legislation aligns with the ongoing efforts to address California's housing shortage by promoting infill development opportunities, making this property an attractive option for investors seeking to capitalize on the evolving real estate landscape.

Pacoima, situated in the San Fernando Valley region of Los Angeles, California, offers a dynamic blend of urban convenience and suburban charm. Boasting a rich cultural tapestry shaped by its diverse community, Pacoima is renowned for its vibrant neighborhoods and bustling commercial corridors. The area's proximity to major transportation routes, including Interstate 5 and Interstate 210, facilitates seamless connectivity to surrounding cities such as San Fernando, Sylmar and Mission Hills. Each of these neighboring communities contributes its own unique character to the region, from the historical significance of San Fernando to the picturesque landscapes of Sylmar and the commercial vibrancy of Mission Hills. Together, these cities form a network of interconnected communities, providing residents and visitors alike with a myriad of amenities, recreational opportunities and cultural experiences. Whether exploring Pacoima's local eateries and markets or venturing out to nearby attractions, the San Fernando Valley offers a dynamic living environment that celebrates diversity and fosters community spirit. NOTE: Buyer to rely on their own research to confirm development potential.


Presented by Filip Niculete at
Marcus & Millichap.


Property MLS #24-389125 from TheMLSCLAW

Lot Size Acres: 0.1721763
Lot Size Dimensions: 50x150
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7500

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Pending
County: Los Angeles
Current Use: Vacant
Directions: Haddon & Van Nuys
Source Property Type: Land
Possible Use: Duplex & 2 Detached ADUs
Area: Pacoima
Source Neighborhood: Pacoima
Parcel Number: 2619-026-004
Postal Code Plus 4: 2902
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$5100 + $269864
$274964
$3489
2021$unknown + $178141
$178141
$2378
2020$unknown + $176315
$176315
$2399
2019$unknown + $48053
$48053
$847
2018$unknown + $47111
$47111
$695
2017$unknown + $46188
$46188
$623
2016$unknown + $45283
$45283
$611
2015$unknown + $44603
$44603
$602
2014$unknown + $43730
$43730
$607
2013$unknown + $43533
$43533
$607
2012$unknown + $42680
$42680
$615
2010$unknown + $41844
$41844
$606
2009$unknown + $41631
$41631
$586
2009$unknown + $41532
$41532
$586
2008$unknown + $40815
$40815
$564
2007$unknown + $40015
$40015
$547

Listed 2024-05-07
$370000
TheMLSCLAW
Sold 2021-03-16
$16250000
Public Record
Sold 2001-08-21
$1020010
Public Record

Telfair Avenue Elementary School is a public elementary school located approximately 0.5 miles away.
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Pacoima Middle School is a public middle school located approximately 0.9 miles away.
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Sylmar Senior High School is a public high school located approximately 3.2 miles away.
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Mary Immaculate Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.