RARE DEVELOPMENT & ADU OPPORTUNITY! Situated on an impressive approximately 11,265 SQ. FT. LOT, this property offers an exceptional opportunity for investors, developers, or buyers looking to create a private multi-residence compound. The expansive lot provides tremendous potential to expand the existing residence while exploring the possibility of adding MULTIPLE ADUs potentially up to THREE additional units, subject to applicable regulations and approvals. Imagine transforming this oversized parcel into a thoughtfully designed property featuring multiple residences, creating outstanding possibilities for multi-generational living, rental income, guest homes, or a private family compound. Large lots offering this type of flexibility and potential are increasingly difficult to find in the San Fernando Valley. Whether your vision is to expand the existing home, develop additional residences, or maximize the property's income-producing potential, 8034 Yolanda presents a truly unique opportunity. Bring your architect, contractor, and imagination and explore everything this exceptional 11,265 SQ. FT. parcel may have to offer. Buyer to independently investigate and verify all zoning, ADU eligibility, unit count, development, expansion, lot size, and building possibilities with the City of Los Angeles and appropriate professionals. RARE DEVELOPMENT & ADU OPPORTUNITY! Situated on an impressive approximately 11,265 SQ. FT. LOT, this property offers an exceptional opportunity for investors, developers, or buyers looking to create a private multi-residence compound. The expansive lot provides tremendous potential to expand the existing residence while exploring the possibility of adding MULTIPLE ADUs potentially up to THREE additional units, subject to applicable regulations and approvals. Imagine transforming this oversized parcel into a thoughtfully designed property featuring multiple residences, creating outstanding possibilities for multi-generational living, rental income, guest homes, or a private family compound. Large lots offering this type of flexibility and potential are increasingly difficult to find in the San Fernando Valley. Whether your vision is to expand the existing home, develop additional residences, or maximize the property's income-producing potential, 8034 Yolanda presents a truly unique opportunity. Bring your architect, contractor, and imagination and explore everything this exceptional 11,265 SQ. FT. parcel may have to offer. Buyer to independently investigate and verify all zoning, ADU eligibility, unit count, development, expansion, lot size, and building possibilities with the City of Los Angeles and appropriate professionals.
Listing courtesy of Listing Agent: Saro Dilanchian (818-482-5433) from Listing Office: Latitude Real Estate & Invest.
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