$370000 Price Analysis 10550 Haddon AvePacoima, 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 |
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
Year | Assessments 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 |
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.