$1,550,000
For Sale

10425 Mcvine Avenue

Sunland, CA 91040
0.41 acres | #GD25059458
Listing OfficeNextHome Grandview
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Residential

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!

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,550,000
      • MLS #GD25059458
      • MLS #GD25059458
      • Property SubtypeApartment
      • Cost1550000
      • Acres0.4064
      • Utility SourcePublic
      • Year Built1954
      • Stories1

Location

Jocelyn BackesReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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