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Listed by Michael Zargarian • NextHome Grandview
$1,399,999
Est. payment /mo
4,393 SqFt
Active
10425 Mcvine Avenue Sunland (los Angeles), CA 91040
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UPDATED:
01/03/2025 08:37 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,393 sqft
Price per Sqft $318
MLS Listing ID CRGD25000560
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1954
Lot Size 0.406 Acres
Property Description
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!
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplace No
Laundry Community Facility
Building
Water Public
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