5900 Costello Avenue, Valley Glen, CA 91401

$1,025,000
3
BD
1
BA
1,097
SqFt

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List Agent Justin Bonney () 818-392-4884 Keller Williams Realty Calabasas; CoList () Courtesy of Selling Office: Keller Williams Realty Calabasas, Justin Bonney - Selling Agent DRE# and Courtesy of Listing Office Keller Williams Realty Calabasas, Justin Bonney - Agent DRE#

Sold Price
$1,025,000
List Price
$829,000
Closing Date
Apr 15, 2024
Status
CLOSED
MLS#
SR24026320
Year Built
1948
Bedrooms
3
Bathrooms
1
Living Sq. Ft
1,097
Lot Size
8,192
Lot Location
0-1 Unit/Acre, Back Yard, Corner Lot, Near Park, Near Public Transit, Rectangular Lot
Days on Market
6
Property Type
Single Family Residential
Style
Ranch
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Discover an unparalleled development opportunity in the coveted neighborhood of Valley Glen, Los Angeles, perfectly positioned adjacent to Sherman Oaks. This expansive corner lot, sprawling over 8,192 square feet, offers boundless potential for a variety of development projects. Whether you're looking to construct a luxurious large residence, a main home with an Accessory Dwelling Unit (ADU), or maximize the space with a home, junior ADU, and detached ADU, the possibilities are endless. Additionally, this property presents a unique opportunity for a lot split via SB-9, optimizing its potential for increased residential units. Nestled in a serene and prestigious area, this lot is an ideal canvas for investors, developers, and dream home builders alike, offering a rare chance to create bespoke living spaces or a multi-unit investment in a prime Los Angeles location.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Roof
Composition
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.