6609 Newcastle Ave, Reseda, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$855,000

6609 Newcastle Ave
Reseda, California, United States

Listed By: Realtyww Info

Listed On: 07/21/2024

Listing ID: GL11893968 View More Details

Description

Build a new home with us! Land: $375, 000 + Design and Build (Starting at $480, 000) - Entitled, buildable land in the heart of LA? Its true! Flat, vacant, and ready to build up to 1, 600 square feet (subject to FAR). Imagine, building your brand-new dream home for less than the cost of an old fixer. Or build a duplex and live in one unit and rent out the other. Land was subdivided from existing property using the CA HOMEact, granting it special privileges to enable development: no hearings required, no costly parking required, and ministerial (fast) approval. Drop in a prefab or build custom from the ground up - the choices are endless. For rental comps, you can build two 800 sqft 2 bed/1bath units, each of which can rent for ~$3, 000/month ($6, 000/month gross).

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Listed by: Sebastian Stofenmacher