Pending

10425 Independence Avenue

Chatsworth, CA 91311
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SqFt44,954

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $2,500,000

AD Id : 85729057

MLS Id : 26638867

Lot Size : 44,954 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Lot Dimensions: 150x300 Main Square Feet: 44954 Lot Size Acres: 1.032 Lot Size Source: Assessor Lot Size Square Feet: 44,954

  • Listing Price Information

    Listing Price: $2500000

  • Tax Information

    Parcel Number: 2706019021

  • Location Information

    Direction: Nearest cross street of Independence Ave & San Jose St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
30 Coya Trail, Chatsworth, CA, 91311 $40,000 -- -- -- 4,958 Sqft(Lot)
26 Coya Trail, Chatsworth, CA, 91311 $7,500 -- -- -- 2,131 Sqft(Lot)
Browns Canyon Rd., Chatsworth, CA, 91311 $3,800,000 -- -- -- 49.96 Acres(Lot)
Canoga, Chatsworth, CA, 91311 $899,000 -- -- -- 1,711,651 Sqft(Lot)
Mayan Drive, Chatsworth, CA, 91311 $400,000 -- -- -- 15,010 Sqft(Lot)
Mayan, Chatsworth, CA, 91311 $270,000 -- -- -- 7,028 Sqft(Lot)
1 Curaco, Chatsworth, CA, 91311 $36,000 -- -- -- 2,491 Sqft(Lot)
21776 Mojave Trail, Chatsworth, CA, 91311 $75,000 -- -- -- 3,604 Sqft(Lot)
Curaco Tr, Chatsworth, CA, 91311 $545,000 -- -- -- 20,115 Sqft(Lot)
11627 Poema Place, Chatsworth, CA, 91311 $1,150,000 -- -- -- 62,550 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 22:24

MLS: 26638867 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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