10425 Mcvine AVE Active

Sunland,CA 91040

$ 1399999

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD25000560

Originating Board California Regional MLS

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

Area 659 - Sunland/Tujunga

Interior

Cooling Central AC

Laundry Community Facility

Exterior

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 2560009047

Special Listing Condition Not Applicable

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