Chatsworth Residential Development
For Sale
$2,500,000
Pending
10425 Independence, Chatsworth, CA 91311
1.03-acre residential development opportunity with approved SB 9 plans.
Property SizeContact for details
Lot Size1.03 Acres
Days on Market205
Property Features for 10425 Independence
General Information
Standard status
Pending
Lot size
1.03 Acres
Property subtype
Land or Vacant Lot
Listing Agency:
MARCUS & MILLICHAP
(818) 212-2700
Listed By:
FILIP NICULETE · License #(S):CA:01905352
Source:
Corcoran
Added: Jan 16
Changed: Aug 8
Last Checked: Aug 8 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP
Investment Insights
Based on property information with market context.
This 1.03-acre residential development opportunity is located in the Chatsworth submarket of Los Angeles. The property comes with fully approved SB 9 plans, allowing for immediate construction. The approved development includes two separate SB 9 lot splits, each 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. The site spans approximately 44,954 square feet. The project is structured as two independent developments, offering enhanced flexibility for financing, phasing, or future disposition. All major utilities are already on site. The property is situated within a predominantly low-density residential area of Chatsworth, a West San Fernando Valley submarket characterized by larger lot sizes and strong household incomes. Chatsworth offers convenient access to the 118 Freeway, major employment centers, and nearby retail, schools, and outdoor amenities. Demand remains strong for newly constructed, detached residences with private garages, positioning the project to capture renters seeking modern product in a stable location.
Key Highlights
- Rare 1.03‑acre residential development opportunity in Chatsworth.
- Delivered RTI with fully approved SB 9 plans for immediate construction of eight homes.
- Two separate SB 9 lot splits offer enhanced flexibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
Explore this area
Business Placement
Demographics for 91311, CA
39,014
Population
14,879
Households
2.6
Avg Household Size
44
Median Age
45%
College-Educated
91%
High-School Grad
32.6 sq mi
ZIP Area
1,197
Density / Sq Mi
$117,574
Median Household Income
$60,403
Median Earnings
$2,199
Median Rent
$837,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.03-acre residential development opportunity with approved SB 9 plans.
Where is this residential land & home lot located?
The property is located at 10425 Independence Chatsworth, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Rare 1.03‑acre residential development opportunity in Chatsworth.; Delivered RTI with fully approved SB 9 plans for immediate construction of eight homes.; Two separate SB 9 lot splits offer enhanced flexibility.
