Listing Agent: Tamara Tambe      Broker/Office: Pinnacle Estate Properties, Inc.
5725 5727 Enfield Avenue Encino CA 91316
$ 1,380,000
  2   |    1   |    806 Sq Feet

Listing ID

#26995291

Status

Active

Property Type

Single Family Residence

Property Style

Bungalow

County

Los Angeles

Year Built

1949

Days on website

2

Description
TWO SEPARATE LOTS. FOUR APPROVED UNITS. SHOVEL-READY OPPORTUNITY. SOLD TOGETHER. Calling all developers and investors! This rare opportunity at 5725 & 5727 Enfield Ave features a flat 9,549 sq ft property already subdivided into TWO separate parcels, each with approved plans for a single-family residence plus an ADU, four total units. LOT 1 5725 N Enfield Ave | 4,384 Sq Ft LotApproved plans for a 4-bedroom, 3.5-bath single-family home offering approximately 1,992 sq ft with an attached 1-car garage, PLUS a separately permitted detached 1-bedroom, 1-bath, 417 sq ft ADU at 5725 N Enfield Ave.LOT 2 5727 N Enfield Ave | 5,151 Sq Ft LotA separate vacant parcel with approved plans for another 4-bedroom, 3.5-bath single-family home offering approximately 1,992 sq ft with an attached 1-car garage, PLUS an attached 1-bedroom, 1-bath ADU at 5727 N Enfield Ave. With two separate lots, approved plans, and four total units, much of the entitlement work has already been completed. An excellent opportunity to build two new homes with additional ADUs for rental income, resale, or a long-term investment strategy in an established Valley neighborhood. New APNs issued for each lot # 2159017037 and 2159017038
Location
Financial Information
List Price:  $ 1380000
Property Features
Direction Faces:  North
Fencing:  Wood
Flooring:  Wood
Foundation Details:  Raised
Furnished:  Unfurnished
Levels:  One
Parking Features:  Driveway
Property Condition:  Fixer
Roof:  Composition
Senior Community YN:  false
Water Source:  Public
MLS Area Major:  ENC - Encino
City:  Encino
Senior Community YN:  false
Listed By:   Tamara Tambe   Pinnacle Estate Properties, Inc. 
Co-listed by
Darren Shack  
CA Lic#