10918 Laurel Canyon Blvd., San Fernando, California 91340, San Fernando, 91340 - bed, bath
ACTIVE$1,690,000
10918 Laurel Canyon Blvd., San Fernando, California 91340
0Bed
0Bath
2,731Sqft
21,223Lot
Year Built
1946
Close
-
List price
$1.69M
Original List price
$1.89M
Price/Sqft
$619
HOA
-
Days on market
-
Sold On
-
MLS number
SR25194168
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.69M(88th), sqft - 2731(88th), beds - undefined(38th), baths - undefined(38th).
Excellent Location!! Great Possibilities (Multiple Use), Large lot (21,223 sq. ft.), Improvement (2,731 sq. ft.). It is located near 118 FWY & 5 FWY, public transportation, schools, shopping areas and more services... Great location "Potential" for Assisted Living, Home Business, Sober Living plus many other opportunities. Buyer to search and verify with Government Agencies (Los Angeles City, Los Angeles County, State, etc.) to confirm development and use of land. The property has a San Fernando post office address, but it is in the area of Mission Hills (LA City, not City of San Fernando)
Price History
Date
Event
Price
10/11/25
Price Change
$1,690,000-10.6%
08/28/25
Listing
$1,890,000
Condition Rating
Tear down
Built in 1946, this property is 78 years old. The listing provides no information or images of the interior, including the kitchen or bathrooms, which strongly suggests these areas are in very poor, outdated, or unpresentable condition. The description heavily emphasizes the large lot's potential for redevelopment and various uses, requiring extensive buyer due diligence for land use, rather than highlighting the existing structure's features or condition. This indicates the property's value is primarily in the land, aligning with the criteria for a 'tear-down' where the structure is likely beyond economical repair or renovation for modern standards, and its value is based solely on the land and its potential for redevelopment.
Pros & Cons
Pros
Strategic Location: Excellent proximity to major freeways (118 & 5 FWY), public transportation, schools, and shopping, ensuring high accessibility and convenience.
Expansive Lot Size: A generous 21,223 sq. ft. lot offers significant space for potential expansion, landscaping, or future development.
Diverse Income Potential: Listed as a 'Residential Income' property and a 'Duplex,' it provides immediate rental income opportunities.
Flexible Use Opportunities: Explicitly highlighted for 'Multiple Use' including Assisted Living, Home Business, and Sober Living, appealing to a wide range of specialized buyers or investors.
Long-Term Investment Value: The combination of a large lot, strategic location, and flexible use potential positions this property for significant long-term appreciation and development upside.
Cons
Extensive Due Diligence Required: The listing explicitly advises buyers to verify development and land use with multiple government agencies, suggesting potential complexities and uncertainties in realizing the property's full potential.
Ambiguous Jurisdictional Identity: Despite a San Fernando post office address, the property is located in the Mission Hills area (LA City), which could lead to confusion regarding applicable zoning, regulations, taxes, and municipal services.
Recent Price Adjustment: A significant price reduction from $1.89M to $1.69M may indicate initial overpricing or challenges in market reception, potentially signaling a need for further negotiation or a re-evaluation of market value.