10425 McVine Ave
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10425 McVine Ave
5 Unit Apartment Building $1,399,999 ($280,000/Unit) Sunland, CA 91040
Investment Highlights
- R3 Zoning
- Rare investment opportunity
- Remarkable development potential
- Can build up to 23 Units
- Expansive lot
Executive Summary
Tenants occupies all 5 units
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! The last two photos are generated photos of retrofits of possible future build outs
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! The last two photos are generated photos of retrofits of possible future build outs
Property Facts
| Price | $1,399,999 | Building Class | C |
| Price Per Unit | $280,000 | Lot Size | 0.41 AC |
| Sale Type | Investment | Building Size | 4,393 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1954 |
| Apartment Style | Low Rise |
| Price | $1,399,999 |
| Price Per Unit | $280,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 4,393 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1954 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 4 | - | - |
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 2560-009-047 | Improvements Assessment | $367,037 |
| Land Assessment | $150,297 | Total Assessment | $517,334 |
PROPERTY TAXES
Parcel Number
2560-009-047
Land Assessment
$150,297
Improvements Assessment
$367,037
Total Assessment
$517,334
zoning
| Zoning Code | LAR3 |
| LAR3 |
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10425 McVine Ave
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