Chatsworth, CA 91311,10425 Independence AVE
Chatsworth, CA 91311,10425 Independence AVE
Chatsworth, CA 91311,10425 Independence AVE
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$2,500,000
Est. payment /mo
1.03 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26638867

HOA Y/N No

Lot Size 1.032 Acres

Property Description

We are pleased to present 10425 Independence Avenue, a rare 1.03-acre residential development opportunity located in the Chatsworth submarket of the City of Los Angeles. The property will be delivered RTI with fully approved SB 9 plans, allowing a purchaser to commence construction immediately upon close. The approved development consists of two separate SB 9 lot splits, each improved with two single-family residences and two detached accessory dwelling units (ADUs), totaling eight homes. The front residences average 1,682 square feet and feature private garages, while the rear 1,195 square-foot ADUs are fully detached, creating a modern, low density, build-to-rent residential configuration.What distinguishes this offering is its exceptional land scale, execution certainty, and compelling basis. Spanning approximately 44,954 square feet, the site represents one of the largest SB 9 eligible parcels currently available in the market and is being offered at the lowest price per square foot among comparable development opportunities. RTI delivery materially reduces entitlement and timing risk, enabling an investor to close with construction financing in place and proceed directly into vertical development. In addition, the project is structured as two independent developments, offering enhanced flexibility for financing, phasing, or future disposition. All major utilities are already on site, further streamlining execution.The property is situated within a predominantly low density residential pocket of Chatsworth, a West San Fernando Valley submarket characterized by larger lot sizes, strong household incomes, and limited new residential supply. Chatsworth offers an attractive balance of suburban livability and regional connectivity, with convenient access to the 118 Freeway, major employment centers, and nearby retail, schools, and outdoor amenities. New, family-oriented rental housing remains scarce in the area, where much of the existing inventory is older and functionally obsolete. As a result, demand remains strong for newly constructed, detached residences with private garages, positioning the project to capture renters seeking modern product in a stable, supply-constrained Valley location.

Location

State CA

County Los Angeles

Area Cht - Chatsworth

Zoning LARA

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 2706019021

Special Listing Condition Standard


Read Less Info
CRMLS – RECore
Listed by Filip Niculete Marcus & Millichap

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Porter Ranch Community School

    Public | KG - 8

  • 9

    Superior Street Elementary

    Public | KG - 5

  • 9

    Beckford Charter for Enriched Studies

    Public | KG - 5

  • 8

    Justice Street Academy Charter School

    Public | KG - 5

  • 8

    Our Community Charter

    Public | KG - 8

  • 8

    Castlebay Lane Charter Elementary School

    Public | KG - 5

  • 8

    Topeka Charter School for Advanced Studies

    Public | KG - 5

  • 7

    Capistrano Avenue Elementary School

    Public | PK - 5

  • 6

    Germain Academy for Academic Achievement

    Public | KG - 5

  • 5

    Chatsworth Park Elementary School

    Public | KG - 5

  • 5

    Limerick Avenue Elementary

    Public | PK - 5

  • 5

    Ivy Bound Academy Math, Sci, and Tech Charter Middle School

    Public | 5 - 8

  • 5

    Winnetka Elementary School

    Public | KG - 5

  • 4

    Napa Street Elementary

    Public | KG - 5

  • 3

    Nevada Elementary School

    Public | KG - 5

  • 0

    Monarch Christian School

    Private | PK - 5

  • 0

    Montessori of Chatsworth

    Private | PK - TKG

  • 0

    Me'Raj Academy

    Private | PK - 8

  • 0

    Autism Academy

    Private | 2 - 12

  • 0

    Chatsworth Hills Academy

    Private | PK - 8

Middle Schools 6
  • 9

    Nobel Middle School

    Public | 6 - 8

  • 7

    Ernest Lawrence Middle School

    Public | 6 - 8

  • 0

    William Tell Aggeler Opportunity High School

    Public | 7 - 12

  • 0

    Aggeler Community Day

    Public | 7 - 12

  • 0

    Chaminade College Preparetory

    Private | 6 - 12

  • 0

    Joaquin Miller Career and Transition Center

    Public | 6 - 12

High Schools 3
  • 7

    Cleveland Charter High School

    Public | 9 - 12

  • 5

    Chatsworth Charter High School

    Public | 9 - 12

  • 0

    Stoney Point Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Rob Denny

Rob Denny

+1(858) 504-0449

Agent | License ID: #01786169

Agent License ID: #01786169

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