20957 Community Street, Canoga Park, CA 91304

Property Description

Exceptional SB9 investment and development opportunity on an approximately 8,623 Sq. Ft. corner lot in Canoga Park. The property is in the final stages of an SB9 Urban Lot Split designed to create two separately deeded single-family residential parcels. The front parcel (20957 Community St.) will be approximately 5,174 Sq. Ft. and features a 2-bedroom, 1-bathroom residence plus a converted 2-car garage configured as a 1-bedroom, 1-bath Junior ADU, offering flexibility as a separate living space or as an extension of the main home. The future rear parcel (8400 Independence Ave.) will be approximately 3,450 Sq. Ft., has its own assigned address, includes an existing structure, and is planned for expansion into an approximately 1,500+ Sq. Ft. single-family residence. The 1-bedroom, 1-bath Junior ADU is leased through June 2027. According to the seller, all required SB9 agency clearances have been obtained, with only the final Park (Quimby) fee remaining before recordation of the final parcel map. Buyer to independently verify all permits, approvals, square footage, development potential, lease information, and remaining SB9 requirements.