Bunny Maxim

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Almost 36,000 of land with an existing SFR that could likely cash flow for an owner while they decide to redevelop the property now or in the future. A General Plan Amendment was done to allow for RD3 or R2 zoning, but at this point, that would require a zone change, which two, different neighbors have done successfully across the street to the east. If buyer wants to avoid Measure JJJ, if they do less than 10 units, you should be able to avoid that. Also, the state approved SB 330 which says you don’t have to do a zone change if the general plan designation density is there. At this time, the city doesn’t seem to be complying with that, but they could potentially be forced to comply. Furthermore, a community plan update has been in the works. Contact agent to go over all of this, agent is very knowledgeable on these matters.

Property Details

Price:
$2,300,000
MLS #:
OC20069865
Status:
Active
Address:
17719 Kinzie Street 2755001015
Type:
Land
City:
Northridge
Listed Date:
Apr 6, 2020
State:
CA
ZIP:
91325
Lot Size:
35,784 sqft / 0.82 acres (approx)

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17719 Kinzie Street 2755001015
Northridge, CA

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We specialize in Residential, Commercial, Lots/Land and Investment Property in the Central Coast of California including the following areas:

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