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11798 Kagel Canyon St Street, Los Angeles, California 91342, Los Angeles, 91342 - 3 bed, 1 bath

11798 Kagel Canyon St Street, Los Angeles, California 91342 home-pic-0
ACTIVE$1,699,000
11798 Kagel Canyon St Street, Los Angeles, California 91342
3Beds
1Bath
958Sqft
31,414Lot
Year Built
1935
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$1,773
HOA
-
Days on market
-
Sold On
-
MLS number
P1-20318
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.70M(97th), sqft - 958(5th), beds - 3(50th), baths - 1(9th).

This rare RD-zoned development opportunity offers limitless potential for multi-unit residential projects. Spanning approximately 31,000 sq. ft., this expansive lot is ideal for duplexes, townhomes, or apartment buildings. Located in Kagel Canyon, a growing and desirable area of Sylmar, this property provides a perfect blend of rural charm and urban convenience. Just a short drive to major freeways, nearby cities, and key amenities, it presents a prime investment opportunity for builders and developers.Currently, the property features an updated/remodeled single-family home with a panel upgrade. Additionally, there is a detached warehouse which has a generator that sits separately from the home, with a fenced division for added privacy. Both the house and warehouse have their own separate entrances, offering flexibility for various uses.Call for more details

Condition Rating
Excellent
Despite being built in 1935, the single-family home has undergone a recent and extensive renovation. The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. The bathroom is equally updated with a contemporary vanity, tiled shower/tub, and modern fixtures. Throughout the living spaces, there are new-looking hardwood/laminate floors, recessed lighting, and an electrical panel upgrade, indicating a comprehensive overhaul that brings the home's condition to an excellent, virtually new standard.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31414, living area = 958.
Development Opportunity (RD Zoning): The property is explicitly RD-zoned, offering significant potential for multi-unit residential projects such as duplexes, townhomes, or apartment buildings.
Expansive Lot Size: Spanning approximately 31,000 sq. ft., the large lot provides ample space for substantial development in a desirable Los Angeles area.
Strategic Location: Located in Kagel Canyon, a growing area of Sylmar, it offers a blend of rural charm and urban convenience with easy access to major freeways and amenities.
Existing Structures with Flexibility: Includes an updated single-family home and a detached warehouse with a generator, both with separate entrances, offering immediate utility, potential rental income, or flexible use during development planning.
Prime Investment for Developers: The property is positioned as an ideal investment for builders and developers due to its zoning, size, and location, promising high returns on multi-unit projects.

Cons

High Price Point for Existing Structures: The $1.699M list price is primarily driven by the land's development potential, making it less attractive for buyers seeking a traditional single-family home based on the existing small, older residence.
Age of Existing Home: Built in 1935, the existing single-family home, despite updates, is an older structure that may require significant renovation or demolition, adding to project costs for developers.
Limited Appeal as Standalone Residence: The small 958 sqft existing home, combined with the high price, narrows the target market primarily to developers rather than individual homeowners looking for a primary residence.

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