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9237 Wakefield Avenue
Panorama City, CA 91402
Sold
9237 Wakefield Avenue
Panorama City, CA 91402
Sold
Pleased to present a unique development opportunity in Panorama City, CA. The property consists of 31,500 square feet of land, which is zoned LARD2 and allows a builder to build one unit per every 2,000 square feet. The current owner has spent a considerable amount of time and well over $100,000 to rezone the property from its base zoning of RA-1 to the current LARD2. He has plans for 12 subdivided homes, each with three bedrooms and two bathrooms and over 2,000 square feet (per owner's comments). A developer would possibly be able to build up to 14 homes, each subdivided. Some builders have also proposed building 21 apartment units by using density bonus.
PROPERTY INFORMATION
| MLS # | 14758673 | Lot Size | 31,509 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,325,000
Price Per SqFt: $ 42 |
DOM | 4013 Days |
| Address | 9237 Wakefield Avenue | Type | Land |
| City | Panorama City | Sq.Ft. | 31,509 Sq. Ft. |
| Postal Code | 91402 | Garage | N/A |
| County | Los Angeles | Year Built | |
| Bed / Bath | 0 / 0 | Parking | N/A |
| Built In | Status | Closed | |
| Sold Date | 2016-01-26 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,413
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/26/2016 | Sold | $1,250,000 |
| 05/07/2014 | Sold | $1,325,000 |
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Listing provided courtesy of Jon Emrani, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
