Homes for sale - 10425 Mcvine AVE, Sunland, CA 91040

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Realty One Group Success

patrick@rogsuccess.com +1(661) 644-4969

$ 1,550,000

Est. payment | -/mo

0.41 Acres Lot

Save

$ 1,550,000

Est. payment | -/mo

Save

0.41 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25059458

HOA Y/N No

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

Fireplace Yes

Laundry Inside

Exterior

Parking Features Assigned

Pool None

Community Features Street Lights, Suburban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2560009047

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Michael Zargarian • NextHome Grandview • 818-858-5026

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 644-4969

patrick@rogsuccess.com

25060 Avenue Stanford, Suite 150

10425 Mcvine AVE Sunland, CA 91040