Unlock the maximum potential with this unique real estate offering! This property features a charming, move-in ready house situated on a massive, flat 10,730 square foot lot—a true goldmine for future expansion and development. The existing structure provides 1,302 sq. ft. of comfortable living space with 3 bedrooms and 2 bathrooms, making it an excellent primary residence, or a highly rentable asset while you finalize your development plans. The over a quarter-acre lot is the star of the show, offering immediate, tangible value through numerous development avenues: Massive Development Potential: Accessory Dwelling Units (ADUs): Leverage the ample space to immediately build a detached ADU or Junior ADU for significant passive rental income or multi-generational living. SB9 Opportunity: Explore the potential under California Senate Bill 9 (SB9) to formally split the lot (urban lot split) and develop up to four units where one currently stands (two on each resulting parcel)—a tremendous value-add opportunity (subject to local requirements). Multi-Unit Project: The generous lot dimensions and existing zoning (confirm with city) could support a full multi-unit development project, maximizing density and return on investment. This is more than a home; it's a future income generator and equity builder. Parcels of this size with this level of development flexibility are increasingly rare. Don't miss the chance to secure your future in one of the hottest real estate markets.
Phone: 714-914-4996
4000 Barranca Parkway, Suite 250
Irvine, CA 92604
Email: rob@jansen-team.com
CA-Lic#01799964, ID-Lic#PR54424 ■ © 2023 Copyright Jansen Team Real Estate ■ Equal Housing Opportunity