Property Detail

Description

ATTENTION Developers, Investors, and Owner Users, explore the possibilities of three parcels totaling approximately 16,776 square feet of land in Sun Valley. STARTING PRICE: $649,000 /INVESTOR & DEVELOPMENT OPPORTUNITY. There are a total THREE parcels, approximately 16,776 square feet of land (per Assessor) with alley access make 8441 Rincon Avenue in Sun Valley an opportunity. The three parcels, per the Assessor, APNs 2633-037-011 (850 sq. ft structure on 4,374 sq. ft. lot), 2633-037-009 (1,210 sq. ft. single family home on 6,072 sq. ft., and 2633-037-012 (6,330 sq. ft. lot) offer room to explore a future vision for the site. Three parcels totaling approximately 16,776 square feet offer potential for buyers to explore the POSSIBILITY of additional housing or ADU, JADU, SB9, and building multi-family units. (subject to Buyer verification of zoning, legal lot status, permits, and City approval). Alley access adds flexibility for planning and access. Buyers should independently verify parcel boundaries, the second structure's permitted status, zoning, allowable uses, and any development plans with the appropriate agencies.The approximately 1,210-square-foot single-family home offers inviting curb appeal with updated exterior stucco and original hardwood floors that preserve its classic character. A recent inspection noted copper plumbing, an ABS sewer line, a 200-amp electrical panel, and a bolted foundation. Plumbing is also in place for a tankless water heater. The garage is currently configured as a bedroom/office, with potential to restore garage use, subject to verification of permits and applicable requirements.A separate, approximately 850-square-foot structure is currently used for storage and is wired for electricity. It is most likely a tear down.Set in Sun Valley's San Fernando Valley community, the property offers access to Interstate 5 and State Route 170 via Roscoe Boulevard. Sun Valley is also served by the Hollywood Burbank Airport and Sun Valley Metrolink station. Imagine what you could create on this expansive Sun Valley site and make the next chapter of Rincon Avenue your own. Disclosure: The Single Family Home has no heating system, water heater, or full HVAC system, which may limit financing options. Cash or hard money financing is preferred. *Note there is use of digitally altered photos in the listing and digitally rendered ADU's.