8222 Sepulveda Place
Panorama City CA, 91402
$550,000
  • Type: Single Family Home
  • Beds: 3
  • Baths: 2
  • Sq Ft: 1304
  • Year Built: 1950
  • Status: Sold
R3 Development Opportunity

A diamond waiting to be polished. This R3 lot has future development potential and located
next to a multi-unit building. Currently used as a day care center and tenant occupied on a
month to month basis. At the moment the property is a well kept 3 bedroom 2 bath house
with 1,304 sq ft living space and has a great size back yard. You can use your imagination and
potentially add a few more units or build a multi family building. According to recent study
this area may qualify under a Tier 2 development which you can possibly apply under TOC
transit oriented community and if approved it can allow you to use the Density Bonus of
60%. Which translate to 4.8 additional units Totaling 13 units.


Under TOC you must have 13% of the building to suite a certain requirement. (Buyer to
verify all information) We are expected to have multiple offers hurry and submit your bid.

 Property sold as-is. Seller will not do any repairs or termite. Buyer to verify all information. Send all offers to marc@wc-realty.net and cc dandichomi@yahoo.com All offers must have a pre-approval, proof of funds, and fico score

Call Marc Orillo at 818.433.1415 

               or

Dandi Chomi at 818.201.6429

DRE# 01928565 - West Coast Realty Group, Inc

Associations:
Burbank Association, Orange County Association, & Greater Antelope Valley Association of REALTORS

CA-BRE 01348842