10425 Mcvine Avenue

Sunland, CA 91040

$1,399,999

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1954

calendar_month Built

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!

Listing Information

List Price $1,399,999
Status Active
MLS GD25000560
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1954
Lot Size 17,702
Structure Size N/A
Courtesy Of NextHome Grandview
Listing Agent Michael Zargarian DRE#01778557

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Michael Zargarian, NextHome Grandview 818-858-5026. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 3rd, 2025 at 1:03 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.