Welcome to an outstanding value-add, development, and investment opportunity in a prime location! This 5-unit single-story complex near Foothill Blvd. provides convenience and proximity to retail amenities and holds significant potential for Accessory Dwelling Units (ADUs). The expansive lot offers the prospect of adding extra units, promising enhanced rental income for savvy investors. With LAR3 zoning, the property presents a remarkable development opportunity, allowing for a 22-unit apartment complex by right and up to 35 units with density bonuses. This unique flexibility positions the property as an ideal investment for those looking to capitalize on the ever-growing demand for housing in Los Angeles.
MLS #
CRP1-16383
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Kitchen
None
Laundry
None
Garage/Parking
Off-Street Parking, Other, Parking Area, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Patrick Cochran
Coldwell Banker Realty
License #: 01817283
Phone: (626) 394-1882
Co-Listing Agent
Robert Ip
License #: 01876261
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 5 | – |
10425 Mcvine Ave is a Residential Income in Sunland, CA 91040. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1954.
This address can also be written as 10425 Mcvine Ave, Sunland, CA 91040.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 20, 2024. For the most current information, please contact Patrick Cochran, (626) 394-1882