About 8804 Ilex Avenue
DEVELOPMENT OPPORTUNITY | SUN VALLEY An exciting opportunity for investors, developers, or owner-users looking to unlock the potential of a well-located 3/2 Sun Valley property. This is potentially a four-door residential development opportunity on an approximately 6,249 SF R1 lot, with both SB 9 and ADU strategies worth investigating. Buyer to independently investigate zoning, SB 9 eligibility, ADU opportunities, density, setbacks and development potential with the City of Los Angeles. THIS IS A PROBATE SALE WITH LIMITED AUTHORITY AND COURT CONFIRMATION REQUIRED. COURT OVERBID IS POSSIBLE, SUBJECT TO COURT APPROVAL. ALL OFFERS REQUIRE 10% DEPOSIT AND PROOF OF FUNDS TO CLOSE. Property sold as-is. Buyer to independently investigate and verify zoning, permitted uses, development potential, ADU feasibility, lot dimensions, building requirements, and all information with the City of Los Angeles and appropriate governmental agencies.
