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!
Property Details
Price:
$1,550,000
MLS #:
GD25059458
Status:
Active
Baths:
0
Address:
10425 Mcvine Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
659sunlandtujunga
City:
Sunland
Listed Date:
Mar 18, 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
Living Room
Exterior
Community Features
Street Lights, Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, 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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