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Listed by Michael Zargarian • NextHome Grandview
$ 1,550,000
Est. payment /mo
Pending
10425 Mcvine AVE Sunland, CA 91040
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRGD25059458
Year Built 1954
Lot Size 0.406 Acres
Source California Regional MLS
Property Description
This meticulously maintained 5-unit property, located near Foothill Blvd., offers a fantastic opportunity for investors. The property consists of four 2-bedroom units and one 1-bedroom unit, making it a solid income-generating asset. The expansive 17,702 square foot LAR3 zone lot, holds impressive development potential. With the ability to build a 23-unit apartment complex-and the possibility to increase that to 35 units through density bonuses-this property offers long-term value and substantial upside. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to tap into Los Angeles' thriving real estate market, this property is the perfect fit. Don't miss out on the opportunity to own a piece of L.A.'s dynamic housing sector!
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Interior
Cooling Central AC
Laundry Other
Exterior
Parking Features Assigned Spaces
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 2560009047
Special Listing Condition Not Applicable
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