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For Sale

$659,000

1,243 sqft$530/sqft86 days on market

8804 Ilex Avenue

Los Angeles, CA 91352

· 8% down, 7% APR, 30yr fixed

3

Beds

2

Baths

1,243

Square feet

1947

Built

Listing narrative

Description

DEVELOPMENT OPPORTUNITY | SUN VALLEY An exciting opportunity for investors, developers, or owner-users looking to unlock the potential of a well-located 3/2 Sun Valley property. This is potentially a four-door residential development opportunity on an approximately 6,249 SF R1 lot, with both SB 9 and ADU strategies worth investigating. Buyer to independently investigate zoning, SB 9 eligibility, ADU opportunities, density, setbacks and development potential with the City of Los Angeles. THIS IS A PROBATE SALE WITH LIMITED AUTHORITY AND COURT CONFIRMATION REQUIRED. COURT OVERBID IS POSSIBLE, SUBJECT TO COURT APPROVAL. ALL OFFERS REQUIRE 10% DEPOSIT AND PROOF OF FUNDS TO CLOSE. Property sold as-is. Buyer to independently investigate and verify zoning, permitted uses, development potential, ADU feasibility, lot dimensions, building requirements, and all information with the City of Los Angeles and appropriate governmental agencies.

Listing agent (MLS): Ruben Davis · Listing brokerage (MLS): Ruben Davis

Property Details

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Price

$659,000

Beds

3 bd

Type

House

Home Size

1,243 sqft

Baths

2

Lot Size

0.14 acres

Year

1947

Status

For Sale

Days on Market

86

$ / Sqft

$530

· 8% down, 7% APR, 30yr fixed
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Courtesy of Ruben Davis