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5900 Costello AVE Valley Glen, CA 91401
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Key Details
Sold Price $1,025,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,097 sqft
Price per Sqft $934
MLS Listing ID SR24026320
Sold Date 04/15/24
Bedrooms 3
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1948
Lot Size 8,193 Sqft
Property Description
Discover an unparalleled development opportunity in the coveted neighborhood of Valley Glen, Los Angeles, perfectly positioned adjacent to Sherman Oaks. This expansive corner lot, sprawling over 8,192 square feet, offers boundless potential for a variety of development projects. Whether you're looking to construct a luxurious large residence, a main home with an Accessory Dwelling Unit (ADU), or maximize the space with a home, junior ADU, and detached ADU, the possibilities are endless. Additionally, this property presents a unique opportunity for a lot split via SB-9, optimizing its potential for increased residential units. Nestled in a serene and prestigious area, this lot is an ideal canvas for investors, developers, and dream home builders alike, offering a rare chance to create bespoke living spaces or a multi-unit investment in a prime Los Angeles location.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR1
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Parking Features Door-Single, Garage, Garage Faces Side, On Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Valley, Park
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Corner Lot, Near Park, Near Public Transit, Rectangular Lot
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Construction Status Fixer
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2246003014
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
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Bought with Justin Bonney • Keller Williams Realty Calabasas