0.6 Acres of Land for Sale in Granada Hills, California

PRICE REDUCED! We are proud to present for sale over half an acre ideal for 13 Townhouse units built by Right (including ADUs) in a low density neighborhood consisting of single family residences. A Developer may also choose to use SB684 for Ministerial Approval fora Tract Map or a Buyer can choose to use the new CHIP Program as the property is in an OC-1 Opportunity Corridor Incentive Area, which allows for higher density and up to 5 stories of height. Situated at 10810 Woodley Ave., abutting a wide Government-owned parcel running along the freeway, the property currently features a vacant SFR on a flat and generous 26,197 SF lot in the desirable neighborhood of Granada Hills. Zoned RD3-1, with the benefit of Tier 2 SAFMR (currently at $3,256 for a 2-Bed and $4,136 for a 3-Bed) the property is offered at $48.63 per square foot of land, combining zoning flexibility, strong local rents, and land to spare! This quiet, family-friendly neighborhood has easy access to parks, restaurants, markets, is a hop to the 118 freeway (elevated and separated by trees) and a skip to the 405. The area is designated a High TCAC Opportunity Area and is not subject to RSO. A great opportunity!