10550 Haddon Avenue

Pacoima, CA 91331

$370,000

Listed Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten $49 / sqft

calendar_month Built

Property Description

We are pleased to present 10550 Haddon Ave in Pacoima, 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 Housing 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 10550 Haddon Avenue
City Pacoima
State CA
Zip 91331
County Los Angeles
Listing Agent Filip Niculete DRE#01905352
Co-Listing Agent Matthew Ziegler DRE#01280909
Courtesy Of Marcus & Millichap
MLS 24389125
List Price $370,000
Status Pending
Type Land
Structure Size N/A
Lot Size 7,500
DOM 7

Exterior Information

Maps

Listing information courtesy of: Filip Niculete, Matthew Ziegler, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of May 14th, 2024 at 3:49 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.