10425 Mcvine Avenue, Sunland, CA 91040

0 beds 0 baths 17,702 sq.ft.

Offerered at: $1,550,000.00

County: Los Angeles
Year Built: 1954
Association Fees: $0.00/mo.

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!

ESSENTIAL INFO

  • Status: Pending