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Active

Duplex

20957 Community

$1,150,000

Offered at

Los Angeles, CA 91304

Los Angeles County

Beds

Baths

1,902

Sq Ft

8,625

Lot Sq Ft

1950

Year Built

JADU + SB-9 Development Opportunity | Canoga Park. An exceptional opportunity to own an approximately 8,623-square-foot corner property with an SB-9 Urban Lot Split currently nearing completion. The proposed split is designed to create two separately deeded single-family residential parcels, providing both existing… JADU + SB-9 Development Opportunity | Canoga Park. An exceptional opportunity to own an approximately 8,623-square-foot corner property with an SB-9 Urban Lot Split currently nearing completion. The proposed split is designed to create two separately deeded single-family residential parcels, providing both existing residential utility and future development potential.The proposed 20957 Community St. parcel is approximately 5,174 square feet and includes a 2-bedroom, 1-bathroom home along with a converted 2-car garage configured as a 1-bedroom, 1-bath Junior ADU (JADU), separately addressed as 20955 Community St. The JADU provides additional flexibility for rental income, guests, extended family, or use as supplemental living space and is currently leased through June 2027. The proposed 8400 Independence Ave. parcel is approximately 3,450 square feet and has its own assigned address. An existing structure is located on the parcel, and there is already a permit for approximately 350 square feet on the SB-9 lot. The parcel is also planned for expansion into an approximately 1,500+ square-foot single-family residence, subject to final approvals and buyer verification.An additional potential benefit for a future buyer is the ability to structure financing with two separate deeds of trust, potentially allowing the two resulting parcels to be financed separately, subject to lender approval, title requirements, applicable laws, and final recordation of the SB-9 lot split. Per the Seller, the SB-9 process has received the required agency clearances, with the remaining Park (Quimby) fee being the final item outstanding prior to recordation of the final parcel map. With an existing JADU at 20955 Community St., an established lease, a nearly completed SB-9 lot split, an existing 350-square-foot permit, potential for additional residential development, and the potential for separate financing of the resulting parcels, this property offers a unique combination of current use and future upside in Canoga Park. Buyer is advised to independently verify all property information, including permits, approvals, square footage, JADU status, lease terms, SB-9 requirements, parcel configuration, addresses, financing options, deed-of-trust structure, and development potential with the appropriate agencies, lender, title company, and other qualified professionals.

Facts & Features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Cooling

Cooling: Central Air

Appliances

Included: Built In Range, Electric Range, Gas Range, Microwave, Refrigerator
Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

Flooring: Wood
Has fireplace: Yes
Fireplace features: Living Room

Interior area

Total interior livable area: 1,902 sqft

Property

Parking

Total spaces: 0
Parking features: Electric Gate
Garage spaces: 0

Features

Stories: 1
Patio & porch: Porch
Has private pool: No
Has view: Yes
View features: Trees Woods

Lot

Size: 0.20 Acres
Features: Zero To One Unit Acre

Details

Parcel number: 2779006029

Construction

Type & style

Home type: Residential
Architectural style: Contemporary
Property subtype: Duplex

Condition

Year built: 1950

Location

Mike Zwarg

Broker / Owner

951.528.0626
mike@mzhomes.us

Listing Office: Re/Max Luxe · Listing Agent: Saghar Ghasemi · 818-436-9998 · CRMLS

The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.

20957 Community

Facts & Features

Location

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