Seize the exceptional opportunity presented by the current high demand for housing in Los Angeles! This meticulously maintained 5-unit property, situated near Foothill Blvd., comprises four 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Its prime location offers easy access to vibrant neighborhoods, shopping, and dining.
The expansive lot, designated with LAR3 zoning, provides a remarkable development potential, allowing for the construction of a 23-unit apartment complex, with the possibility of up to 35 units through density bonuses. This presents a rare investment opportunity for substantial rental income.Whether you’re an experienced investor looking to expand your portfolio or someone eager to enter the thriving Los Angeles real estate market, this property is an ideal choice. Don’t miss the chance to own a valuable piece of L.A.’s dynamic housing sector!
The expansive lot, designated with LAR3 zoning, provides a remarkable development potential, allowing for the construction of a 23-unit apartment complex, with the possibility of up to 35 units through density bonuses. This presents a rare investment opportunity for substantial rental income.Whether you’re an experienced investor looking to expand your portfolio or someone eager to enter the thriving Los Angeles real estate market, this property is an ideal choice. Don’t miss the chance to own a valuable piece of L.A.’s dynamic housing sector!
Property Details
Price:
$1,399,999
MLS #:
GD25000560
Status:
Active
Baths:
0
Address:
10425 Mcvine Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
659sunlandtujunga
City:
Sunland
Listed Date:
Jan 2, 2025
State:
CA
ZIP:
91040
Lot Size:
17,702 sqft / 0.41 acres (approx)
Year Built:
1954
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Exterior
Community Features
Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Trash Collection
Map
Community
- Address10425 Mcvine Avenue Sunland CA
- Area659 – Sunland/Tujunga
- CitySunland
- CountyLos Angeles
- Zip Code91040
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10425 Mcvine Avenue
Sunland, CA
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