10425 Independence Avenue, Chatsworth, CA 91311
Local realty services provided by:CENTURY 21 LOTUS
10425 Independence Avenue,Chatsworth, CA 91311
$2,500,000
- 1.03 Acres
- Lots / Land
- Pending
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26638867
Source:CRMLS
Price summary
- Price:$2,500,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:26638867
- Added:209 day(s) ago
- Updated:August 12, 2026 at 07:53 AM
Structure and exterior
- Lot area:1.03 Acres
Finances and disclosures
- Price:$2,500,000
New listings near 10425 Independence Avenue
- New
$499,000Active2 beds 2 baths1,441 sq. ft.10030 Owensmouth Avenue #67, Los Angeles, CA 91311
MLS# 26871663Listed by: COLDWELL BANKER REALTY - New
$899,000Active39.29 Acres0 Canoga, Chatsworth, CA 91311
MLS# SR26149724Listed by: PINNACLE ESTATE PROPERTIES - Open Sat, 1 to 4pmNew
$1,149,000Active5 beds 3 baths2,201 sq. ft.20657 Septo, Chatsworth, CA 91311
MLS# SR26176419Listed by: PINNACLE ESTATE PROPERTIES - New
$1,700,000Active3 beds 2 baths1,056 sq. ft.10336 De Soto, Chatsworth, CA 91311
MLS# SR26175306Listed by: THEHOMEPROZ - New
$990,000Active3 beds 2 baths1,613 sq. ft.9960 Jovita, Chatsworth, CA 91311
MLS# SR26155156Listed by: ALLIED REALTY INC - New
$1,250,000Active4 beds 3 baths2,084 sq. ft.20800 Chatsworth Street, Chatsworth, CA 91311
MLS# SR26175842Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$1,900,000Active5 beds 3 baths3,157 sq. ft.21335 Dove, Chatsworth, CA 91311
MLS# SR26175809Listed by: SYNC BROKERAGE, INC. - New
$899,000Active4 beds 4 baths2,306 sq. ft.21492 Arapahoe Trail, Chatsworth, CA 91311
MLS# SR26175335Listed by: EQUITY UNION - Coming Soon
$1,195,000Coming Soon5 beds 3 baths10425 Jordan Avenue, Chatsworth, CA 91311
MLS# 26869849Listed by: NEST SEEKERS - New
$1,800,000Active3 beds 2 baths2,288 sq. ft.9920 Shoup Avenue, Chatsworth, CA 91311
MLS# SR26174265Listed by: COLDWELL BANKER QUALITY PROPERTIES