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13750 Fenton Ave 1.22 Acres of Residential Land Offered at $1,344,506 CAD in Sylmar, CA 91342

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INVESTMENT HIGHLIGHTS

  • Street to Street Lot
  • Multiple Development opportunities
  • Possibilities under SB 1123 to build up to 10 homes in single-family zones
  • Lot Dimensions: 173' Frontage x 315' Depth
  • Possibilities under SB 9 for urban lot split to create two lots or develop 2 principal dwellings on one lot
  • Possibilities for Accessory Dwelling Units (ADUs) as backyard cottages for family or secondary units for rental income

EXECUTIVE SUMMARY

Rare Development opportunity with multiple possibilities. Large rectangular street to street lot with approximately +/- 173' frontage on both Fenton Avenue and Kismet Avenue. Lot Dimensions are approx. 173’ x 315’. Small 1 Bed/2 Bath house in very poor condition, located on approximately +/- 54,250 of land. Multiple redevelopment possibilities under SB9 for projects up to two new principal dwellings on a lot, or through an urban lot split creating two parcels. Additional possibilities through SB 1123, which passed in 2024 making it legal to build up to 10 homes in single-family zones. Buyer can also choose to build a new large home with Accessory Dwelling Units (ADUs) as backyard cottages for family or secondary units for rental income.

PROPERTY FACTS

Price $1,344,506 CAD
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
Total Lot Size 1.22 AC
Zoning RE11-1 - Very Low II Residential

1 LOT AVAILABLE

Lot PT 15

Price $1,344,506 CAD
Price Per AC $1,097,782.27 CAD
Lot Size 1.22 AC

Rare opportunity for redevelopment for higher density residential / multi-family use. Street to Street lot with potential access points from both (Fenton Ave / Kismet Ave). 173' Frontage x 315' Depth. Level Topography.

DESCRIPTION

Rare Development opportunity with multiple possibilities. Large rectangular street to street lot with approximately +/- 173’frontage on both Fenton Avenue and Kismet Avenue. Lot Dimensions are approx. 173’ x 315’. Small 1 Bed/2 Bath house in very poor condition, located on approximately +/- 54,250 of land. Multiple redevelopment possibilities under SB9 for projects up to two new principal dwellings on a lot, or through an urban lot split creating two parcels. Additional possibilities through SB 1123, which passed in 2024 making it legal Rare Development opportunity with multiple possibilities. Large rectangular street to street lot with approximately +/- 173’frontage on both Fenton Avenue and Kismet Avenue. Lot Dimensions are approx. 173’ x 315’. Small 1 Bed/2 Bath house in very poor condition, located on approximately +/- 54,250 of land. Multiple redevelopment possibilities under SB9 for projects up to two new principal dwellings on a lot, or through an urban lot split creating two parcels. Additional possibilities through SB 1123, which passed in 2024 making it legal to build up to 10 homes in single-family zones. Buyer can also choose to build a new large home with Accessory Dwelling Units (ADUs) as backyard cottages for family or secondary units for rental income.

  • Listing ID: 38851015

  • Date on Market: 2025-12-22

  • Last Updated:

  • Address: 13750 Fenton Ave, Sylmar, CA 91342

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