Property Detail

Description

**APPROVED PLANS – READY TO ISSUE (RTI) FOR THREE ADUs!** Rare opportunity to acquire a development-ready property in the heart of Canoga Park! Situated on an approximately 8,000-square-foot lot, this property comes with approved plans for three additional single-story ADUs, each approximately 800 square feet with 2 bedrooms and 2 bathrooms, creating the potential for FOUR residential units on one lot. The well-designed layout features two attached ADUs and one detached ADU, thoughtfully positioned to maximize the property's footprint, accessibility, and rental potential. **BRING YOUR BUILDER AND GET READY TO BREAK GROUND!** Ideal for investors and developers looking to capitalize on the demand for rental housing in the San Fernando Valley. The existing single-family residence is currently tenant-occupied on a month-to-month basis and will be sold with the tenant in place. Conveniently located in an established Canoga Park neighborhood near shopping, dining, transportation, and major employment centers, this property presents an exciting opportunity to develop a multi-unit rental investment with significant long-term income potential. Buyer to independently verify all plans, permits, RTI status, fees, square footage, and development requirements with the City. Renderings are conceptual and for illustrative purposes only.