10425 Independence Avenue, Chatsworth, CA 91311
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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:288 day(s) ago
- Updated:October 31, 2026 at 09:11 AM
Structure and exterior
- Lot area:1.03 Acres
Finances and disclosures
- Price:$2,500,000
New listings near 10425 Independence Avenue
- New
$9,990,000Active11 beds 15 baths12,298 sq. ft.22637 La Quilla, Chatsworth, CA 91311
MLS# SR26234407Listed by: THE AGENCY - New
$749,000Active4 beds 3 baths1,566 sq. ft.22004 Lemarsh, Chatsworth, CA 91311
MLS# SR26233633Listed by: THE ONE LUXURY PROPERTIES - New
$149,000Active0 Acres0 Vaughn Rd, Chatsworth, CA 91311
MLS# SR26233755Listed by: ALL AMERICAN REALTY - New
$169,000Active0 Acres0 Rollins, Chatsworth, CA 91311
MLS# SR26233710Listed by: ALL AMERICAN REALTY - New
$1,299,000Active5 beds 4 baths2,880 sq. ft.10437 Sunnybrae, Chatsworth, CA 91311
MLS# GD26226603Listed by: COLDWELL BANKER HALLMARK - New
$2,500,000Active5 beds 5 baths5,918 sq. ft.20580 Northridge, Chatsworth, CA 91311
MLS# OC26233478Listed by: THE AGENCY - New
$1,299,000Active5 beds 4 baths2,880 sq. ft.10437 Sunnybrae, Chatsworth, CA 91311
MLS# GD26226603Listed by: COLDWELL BANKER HALLMARK - New
$415,000Active1 beds 1 baths704 sq. ft.9208 Thompson Avenue, Chatsworth, CA 91311
MLS# 226005092Listed by: EQUITY UNION REAL ESTATE - New
$1,349,000Active4 beds 3 baths2,370 sq. ft.10649 Willowbrae Avenue, Chatsworth, CA 91311
MLS# 26103549Listed by: COMPASS - New
$1,100,000Active5 beds 3 baths2,792 sq. ft.10122 Jovita Avenue, Chatsworth, CA 91311
MLS# 26104174Listed by: COLDWELL BANKER REALTY