Highly desirable neighborhood in Valley Glen! We are excited to present this oversized hard to find Land that is 10,070 square feet and is ready for the wonderful home of your dreams. This is an amazing opportunity for an owner builder, an investor for income property or a developer to come in and start building without the hassle of buying a tear down. Property has improvements already done including a new sewer line, new sidewalk, vinyl fencing on the sides and a new driveway. Under California’s SB 9, you have the opportunity to build up to four units on this lot, making it an ideal choice for maximizing your investment. Imagine creating a duplex with two Accessory Dwelling Units (ADUs), each offering 800 square feet of living space. These units can be designed as either attached or detached, allowing you to tailor the layout to your vision and market demand. Additionally, the seller is offering seller financing, making it easier than ever to seize this opportunity. Don’t miss your chance to capitalize on this unique investment in a growing area!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (818) 770-2777
Listing Agent: Arman Grigoryan
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.23 Acres
Other
Directions Information:
Directions: South of Victory Blvd and West of Woodman Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,450,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $428.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24198059
Listing Office:
Office Name: Keller Williams Beverly Hills
Office Phone: (818) 770-2777
Listing Agent: Arman Grigoryan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/23/2024, 3:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,304
Per Month
Principal & Interest
$7,237
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,414
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Erwin Elementary
13400 Erwin St
Distance between this listing and this school0.55 miles
Public District Grades KG-5
4
/10
Kittridge Street Elementary
13619 Kittridge St
Distance between this listing and this school0.56 miles
Public District Grades PK-5
5
/10
Van Nuys Elementary School
6464 Sylmar Ave
Distance between this listing and this school0.77 miles
Public District Grades KG-5
Nearby Schools
5
/10
Madison Middle School
13000 Hart St
Distance between this listing and this school1.34 miles
Public District Grades 6-8
5
/10
High Tech la Middle School
5435 Vesper Ave Rm B50
Distance between this listing and this school1.39 miles
Public Charter Grades 6-8
5
/10
Van Nuys Middle School
5435 Vesper Ave
Distance between this listing and this school1.39 miles
Public District Grades 6-8
Nearby Schools
6
/10
Champs - Charter High School of Arts-Multimedia & Performing
6842 Van Nuys Blvd
Distance between this listing and this school1.11 miles
Public Charter Grades 9-12
6
/10
Ulysses Grant High School
13000 Oxnard St
Distance between this listing and this school1.14 miles
Public District Grades 9-12
2
/10
Jack London Continuation
12924 Oxnard St
Distance between this listing and this school1.17 miles
The neighbors living near this home have an average income of $41,674. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6218 Matilija Ave
What is the listing price of this property?
The listing price of 6218 Matilija Ave property is $1,450,000.
What type of property is this?
The property 6218 Matilija Ave is land located in Valley Glen, California, 91401.
Is this property for sale now?
Active Listing: 6218 Matilija Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 6218 Matilija Ave in Valley Glen, CA and zip code 91401 in the The San Fernando Valley neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,450,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.