About 523 Griswold Avenue
1932 Foundation, 2025 Potential -- UNLOCK THE POTENTIAL---
INVESTOR OR BUILDER OPPORTUNITY IN PRIME SAN FERNANDO LOCATION. Built in 1932, this 2-bedroom, 1-bath home sits on a spacious 6,996 sq. ft. lot and presents an incredible opportunity to REIMAGINE or REDEVELOPE in one of the Valley’s most accessible neighborhoods. Ideally situated near San Fernando Mission Blvd, Downtown San Fernando, and the Metrolink station, this property offers small-town charm with close proximity to major transportation routes, schools, and everyday conveniences. The home features approximately 780 sq. ft. of living space with a traditional layout including a living room and kitchen. While the structure will require extensive renovation or rebuild, the true value lies in the lot size, location, and redevelopment potential. City of San Fernando guidelines allow for the addition of an Accessory Dwelling Unit (ADU), and several nearby properties have already taken advantage of this opportunity to add NEW INCOME-PRODUCING UNITS OR EXPANDED LIVING SPACE. This property is PERFECT FOR INVESTORS looking to build new construction, DEVELOPERS seeking an infill project, or an owner-user ready to design their dream home from the ground up. The nearly 7,000 sq. ft. lot offers ample room for expansion, an ADU, or even a complete reconfiguration of the site layout (buyer to verify all plans and uses with the city). Enjoy being minutes from parks, local schools, restaurants, and shops, as well as easy access to the 210, 118, 5, and 405 freeways. The surrounding community is well-established and continues to see consistent growth and reinvestment, making this an excellent opportunity for those with vision and creativity. Bring your contractor, architect, and imagination to UNLOCK THE FULL POTENTIAL of this unique San Fernando property. Opportunities like this—offering both location and upside—are rare to find. (Offered as-is with no repairs to be made. Buyer to verify zoning, lot use, etc. Property will not qualify for financing)
