12047 Kagel Canyon Road, Sylmar, California 91342, Sylmar, 91342 - bed, 1 bath

12047 Kagel Canyon Road, Sylmar, California 91342 home-pic-0
ACTIVE$339,950
12047 Kagel Canyon Road, Sylmar, California 91342
0Bed
1Bath
336Sqft
35,170Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35170, living area = 336.
Top Cons:
As-Is Sale & Extensive Due Diligence: The property is sold strictly 'AS IS,' requiring buyers to undertake significant investigations and verify all building permits and regulations, implying potential unforeseen costs and risks.

Compared to the nearby listings

Price:$339.9K vs avg $844.0K ($-504,050)1%
Size:336 sqft vs avg 1,644.5 sqft1%
Price/sqft:$1.0K vs avg $52499%

More Insights

Built in 1948 (77 years old).
Condition: The property, built in 1948, is explicitly marketed for its land and development potential, with the existing 336 sqft studio being described as 'minimal' and likely requiring 'complete redevelopment or demolition.' It is sold 'AS IS' by a seller who has never inhabited it, indicating no recent maintenance or renovations. The interior image shows covered windows, suggesting significant issues, and the overall condition of the structure is neglected. The property's value is clearly in the land, not the existing, dilapidated structure.
Year Built
1948
Close
-
List price
$340K
Original List price
$400K
Price/Sqft
$1,012
HOA
-
Days on market
-
Sold On
-
MLS number
SR24008926
Home ConditionTear down
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Dream opportunity to create your own private estate sprawled out on a 35,170 SF lot with the opportunity to purchase the adjacent property APN 2526007029 and combine for just over an acre. This opportunity to reimagine your own estate in highly desirable Kagel Canyon does not come up often. Flippers, Developers, and Single-Family Occupants don't miss this chance to build 7 - 10 single family units or create your own spacious estate with a mother-in-law guest house. This property on 12047 Kagel Cyn offers a 336 SF studio with 1 bath, sitting on a total of 35,170 SF with incredible views. While Adjacent property offered at 12055 Kagel Cyn offers a 978 square foot 3-bedroom 1 bath home on a 15,966 SF lot, combined for a total of 51,136 SF. Ideal location walking distance to the famed Hideaway Bar and Grill, tucked away in between Shadow hills and Lake View Terrace. Opportunities are endless, sold separately or together, come see what Kagel canyon offers. Property is being SOLD in "AS IS" condition, seller has never inhabited the property. RBS Realty does NOT warranty what can be built and square footage of the lot. Buyer is to verify building permits and do all investigations with the Los Angeles Building and Safety.

Condition Rating
Tear down

The property, built in 1948, is explicitly marketed for its land and development potential, with the existing 336 sqft studio being described as 'minimal' and likely requiring 'complete redevelopment or demolition.' It is sold 'AS IS' by a seller who has never inhabited it, indicating no recent maintenance or renovations. The interior image shows covered windows, suggesting significant issues, and the overall condition of the structure is neglected. The property's value is clearly in the land, not the existing, dilapidated structure.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35170, living area = 336.
Significant Development Potential: The property is explicitly marketed for building 7-10 single-family units or a large custom estate, appealing to developers and high-end buyers seeking a unique project.
Expansive Lot Size: A substantial 35,170 SF lot offers ample space for privacy, extensive landscaping, or significant new construction, a premium in the area.
Scenic Mountain Views: The property boasts 'incredible views' and 'Mountain(s)' views, adding significant aesthetic value and desirability to any future development.
Strategic Location in Kagel Canyon: Situated in a 'highly desirable Kagel Canyon' with convenient walking distance access to local amenities like the famed Hideaway Bar and Grill.
Adjacent Property Expansion Opportunity: The option to acquire the neighboring parcel to create an over one-acre estate significantly enhances its appeal for large-scale development or a private compound.

Cons

As-Is Sale & Extensive Due Diligence: The property is sold strictly 'AS IS,' requiring buyers to undertake significant investigations and verify all building permits and regulations, implying potential unforeseen costs and risks.
Minimal Existing Structure: The current 336 SF studio is extremely small and likely requires complete redevelopment or demolition for most intended uses, adding to overall project costs.
Age of Existing Structure: Built in 1948, the existing studio is dated, which could imply outdated infrastructure and potential for costly issues if not demolished, further emphasizing the need for redevelopment.

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