REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Michael Zargarian • NextHome Grandview
$ 1,550,000
Est. payment /mo
Pending
10425 Mcvine Avenue Sunland, CA 91040
4,393 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 4,393 sqft
Price per Sqft $352
MLS Listing ID GD-25059458
Year Built 1954
Lot Size 0.406 Acres
Property Sub-Type Apartment
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
Zoning LAR3
Interior
Cooling Central Air
Fireplaces Type Living Room
Laundry Inside
Exterior
Parking Features Assigned
Pool None
Community Features Street Lights, Suburban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer