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Single Family Residence - North Hills, CA
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 freewa...
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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