Calling all investors and developers! Welcome to 5373 Trojan Ave, a unique property with unlimited ADU and Complete Communities development potential. This charming 3BD/2BA single family home boasts a spacious 865 sq ft basement (bonus bathroom included) as well as an oversized detached garage with workshop area, with potential to convert both into 2 ADUs. Additionally, the spacious 7,500 sq ft multifamily-zoned (RM-1-3) lot is eligible for 2 additional ADUs and/or 4 traditional units. This home is ready for its new homeowner to give it a cosmetic facelift and has all major systems upgraded, including: owned solar, new roof, new HVAC, sewer pipe replaced, whole house fan, and more. Zoned for Complete Communities, developers can take advantage of the 6.5X multiple allowance on FAR for high-density development and the potential to build up to 48,000 sq ft. Don't miss out on this opportunity in this rapidly growing area before this exclusive incentive sunsets. Now let’s talk about the immense ADU potential. Looking to build more than 4 ADUs? Due to being in a Transit Priority Area, the ADU density bonus for affordable housing is UNLIMITED within this zone. Lastly, the deep, flat lot is perfect for a potential lot split for homeowners looking to take advantage of SB 9 beginning January 2022. Don’t let this unique opportunity slip away, come and see the many possibilities for yourself!
