Active

10425 Mcvine Avenue

Sunland CA, 91040

$1,399,999


$318.69 per sqft

Active

4,393 sqft

Condos

Built in 1954

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

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!

GD25000560

MLS ID

January 2, 2025

Listed

January 14, 2025

Updated

Map

10425 Mcvine Avenue
Sunland CA, 91040

Interior Features

Total Stories

1


Laundry Description

Common Area


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.41 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

659 - Sunland/Tujunga


Days on Market

11


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listing Contact: 818-937-9009 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/14/2025 at 2:28 AM UTC

 

Powered byLuxury Presence