6540 Shoup Avenue, Canoga Park, CA 91307

6540 Shoup Avenue, an opportunity to acquire a fully entitled residential development site in one of the San Fernando Valley's most sought-after single-family neighborhoods. Offered at $2,000,000 ($96 per land square foot), the project has been entitled through California's ministerial SB 1123 Small Lot Subdivision program, allowing an investor to bypass the lengthy and uncertain entitlement process and proceed directly toward permit issuance and construction. With approvals already secured and a complete architectural package included, the offering provides a rare opportunity to develop a for-sale housing community with significantly reduced execution risk and an estimated 12 to 18 months of time savings compared to a traditional entitlement process. Situated on approximately 20,909 square feet (0.48 acres), the property is approved for a 10-home small-lot subdivision featuring 10 attached ADU suites, for a total of 20 dwelling units and approximately 18,629 square feet of habitable...