Evanisko Realty & Investment, Inc., as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 15766 Roxford Street; an un-entitled 26,027 SF lot in Sylmar (City of Los Angeles) just steps from Sylmar’s massive class A industrial office park where Xebec Realty Partners is currently developing an additional 650,000 SF. We believe the site has potential to be the perfect SB 1123 case study project when it goes into effect this July (July 2025). On 7-2-25 (a day after SB 1123 went into effect) Evanisko met with a Principal City Planner to ascertain the City’s general friendliness towards and technical interpretation the bill – as it would apply in general and more specifically to the specific property. We were very much pleased to find out that not only is the City going to embrace the bill, but a draft of the implementation memo is already being finalized for issuance. We reviewed the subject property (and draft site plan here) in conjunction with the draft SB 1123 Interpretation memo with the Principal Planner. The site plan from our original draft was modified to reflect our conversation. That site plan can be accessed with the link above. You will not find a property more suited for the utilization of SB1123. Outside of meeting all criteria, the site is sized in a manner that may accommodate all homes within two stories! SB 1123 is currently law and is available now to process a ministerial subdivision of up to 10 homes (condos or small lots) with a maximum size of 1,750 SF each. Evanisko is prepared to assist a Buyer in the efficient processing of an 1123 application from start to finish. We’d prefer escrows circa 180 days max. This will enable plenty of time to formally submit your application to ensure that no major impediments exist to your ability to leverage SB1123 on this property.