Exceptional West Hills Development and Investment Opportunity on Approximately Half an Acre! Positioned for investors, builders, and developers, this expansive property offers immediate rental income potential while pursuing permits and evaluating future development opportunities. Adding significant credibility to its upside. An entitled SB 1123 small-lot subdivision with an approved Vesting Tentative Tract Map in West Hills, the highest-priced submarket on Shoup Avenue has been approved for a neighboring 10-home small-lot subdivision featuring 10 attached ADU suites, for a total of 20 dwelling units and approximately 18,629 square feet of habitable area. A potential lot split and additional development possibilities further enhance the property's appeal, subject to buyer investigation and applicable approvals. The property includes a beautifully remodeled 4-bedroom, 3-bathroom residence that can generate rental income during the entitlement and permitting process. Updates include new wood laminate flooring, recessed lighting, Milgard windows, a wood-burning fireplace, and a modern kitchen with a 9-by-4-foot center island, quartz countertops, new cabinetry, and new appliances. Two bedrooms feature en-suite bathrooms, and the home also includes a spacious family room and separate laundry room. A detached, approximately 912-square-foot four-car garage with 22-foot ceilings and a loft area includes plans for conversion into a 3-bedroom, 2-bathroom ADU, creating additional income potential. The property also has approved plans for an approximately 2,400-square-foot building at the rear, providing another avenue for expansion or development. Located near major shopping, dining, and employment centers, this property presents a compelling opportunity to secure a large West Hills parcel with existing improvements, near-term rental income potential, and substantial long-term development upside!
Total Floor Area:
2,039 sq. ft.189 m2
Structure Type:
House
Property Sub Type:
Single Family Residence
Property Attached:
No
Lot Area:
20,915 sq. ft.1,943 m2
Bedrooms:
4
(Main level: 4)
# Main Level Bathrooms:
2
# Main Level Bedrooms:
4
Full Bathrooms:
3
Bathrooms:
3.0
(Full:3, Half:-)
Year built:
1962
(Age: 64)
General Listing Location:
West Hills, WEH - West Hills
County Or Parish:
Los Angeles
Common Interest:
None
Association Fee:
$0
Land Lease:
No
Tax Lot:
997
Victory Blvd. & Shoup Ave.
Elementary School:
Hamlin Charter Academy
High School:
Canoga Park
High School District:
Los Angeles Unified
Floor
Type
Size
Other
-
Bedroom
Measurements not available
All Bedrooms Down
-
Primary Bedroom
Measurements not available
Primary Suite
-
Library
Measurements not available
-
-
Laundry
Measurements not available
-
-
Primary Bedroom
Measurements not available
Main Level Primary
-
Bedroom
Measurements not available
Bedroom on Main Level
-
Kitchen
Measurements not available
-
-
Kitchen
Measurements not available
KitchenIsland,KitchenFamilyRoomCombo
-
Living Room
Measurements not available
-
-
Primary Bedroom
Measurements not available
-
View:
Neighborhood
Appliances:
Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
Lease Considered:
No
Community Features:
Curbs, Street Lights, Sidewalks
Senior Community:
No
Interior Features:
Eat-in Kitchen, Open Floorplan, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Laundry Features:
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
Door Features:
Sliding Doors
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Back Yard, Front Yard
Fireplace Features:
Living Room
Patio And Porch Features:
Covered, Deck
Security Features:
Smoke Detector(s)
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
1
New Constr.:
No
Flooring:
Wood
Common Walls:
No Common Walls
# Units:
1
Heating:
Central
Fireplace:
Yes
Cooling:
Central Air
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available