12725 San Fernando Road | Sylmar, CA 91342
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12725 San Fernando Road
Sylmar, CA 91342
Land For Sale · 1.17 AC
Executive Summary
This prime 51,174 square foot C2-1VL-CPIO corner lot is currently occupied by month-to-month commercial tenants, generating around $27,000 in monthly rental income. The site presents a remarkable development opportunity, allowing for the construction of up to 173 residential units by density bonus or approximately 127 units by right, plus retail spaces. Located in the quickly evolving Sylmar area, the property is less than a mile from the planned Metro Station for the East San Fernando Valley Light Rail Transit Project. It is next to a 14-unit residential building built in 2011 and is opposite a bike path adjacent to the future Metro Line tracks, offering clear views of the mountains. Positioned within a Qualified Opportunity Zone, this enhances its investment appeal. The existing buildings cover roughly 18,550 square feet, though buyers are advised to verify all information independently. The sale includes two parcels: APNs 2604-024-002 and 2604-024-001.
Agent Remarks:
Do not go on site. Do not disturb tenants. Offers must be written on Commercial Purchase Agreement - C.A.R. Form CPA.
Agent Remarks:
Do not go on site. Do not disturb tenants. Offers must be written on Commercial Purchase Agreement - C.A.R. Form CPA.
PROPERTY FACTS
1 Lot Available
Lot
Lot Size | 1.17 AC |
Lot Size | 1.17 AC |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,816,872 CAD | |
Land Assessment | $712,614 CAD | Total Assessment | $2,529,486 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$712,614 CAD
Improvements Assessment
$1,816,872 CAD
Total Assessment
$2,529,486 CAD
zoning
Zoning Code | C2-1VL-CPIO (Build 173± Residential Units by Density Bonus (or 127± by Right).) |
C2-1VL-CPIO (Build 173± Residential Units by Density Bonus (or 127± by Right).) |
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