Description
UPDATED: Welcome to Fellows Ave, an Oversized Gated Property with Development & Income Potential. Located behind a secure gate on a secluded private cul-de-sac, 11602 Fellows Ave presents a rare investment opportunity in Pacoima on an expansive 16,659 sq ft lotone of the largest in the area. The property features a permitted 3-bedroom, 2-bath front house, plus two additional structures historically used as income-producing units: a studio and a 2-bedroom converted garage. Only the front house is permitted for residential use. Back unit tenants have vacated the property. Property will be delivered vacant at close of escrow. Showings available and scheduled by appointment only. The structures are functional and have been occupied as rentals, though future owners should anticipate updates and improvements. The layout and scale of the lot offer significant flexibility for redevelopment, ADU/JADU configuration, or long-term value-add investment; subject to buyers verification of legal uses and development feasibility under LAR1 zoning. The property is currently on a private septic system, which requires maintenance and servicing by the owner. Buyers should confirm system condition and future requirements during their due diligence period. A long driveway leads to all three structures with defined outdoor spaces and gated privacy. This is a unique opportunity to acquire a large, well-located property with multiple structures and long-term upside. Property will be delivered vacant at close of escrow. Buyer to verify all square footage, permits, zoning, and legal uses independently
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3BEDS
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0.38ACRES
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2BATHS
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01/2 BATHS
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1,415SQFT
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$635$/SQFT
School Ratings & Info
Description
UPDATED: Welcome to Fellows Ave, an Oversized Gated Property with Development & Income Potential. Located behind a secure gate on a secluded private cul-de-sac, 11602 Fellows Ave presents a rare investment opportunity in Pacoima on an expansive 16,659 sq ft lotone of the largest in the area. The property features a permitted 3-bedroom, 2-bath front house, plus two additional structures historically used as income-producing units: a studio and a 2-bedroom converted garage. Only the front house is permitted for residential use. Back unit tenants have vacated the property. Property will be delivered vacant at close of escrow. Showings available and scheduled by appointment only. The structures are functional and have been occupied as rentals, though future owners should anticipate updates and improvements. The layout and scale of the lot offer significant flexibility for redevelopment, ADU/JADU configuration, or long-term value-add investment; subject to buyers verification of legal uses and development feasibility under LAR1 zoning. The property is currently on a private septic system, which requires maintenance and servicing by the owner. Buyers should confirm system condition and future requirements during their due diligence period. A long driveway leads to all three structures with defined outdoor spaces and gated privacy. This is a unique opportunity to acquire a large, well-located property with multiple structures and long-term upside. Property will be delivered vacant at close of escrow. Buyer to verify all square footage, permits, zoning, and legal uses independently
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