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$1,550,000
Est. payment /mo
3 Beds
2 Baths
0.41 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID GD25059458
Bedrooms 3
HOA Y/N No
Lot Size 0.406 Acres
Property Sub-Type Res Income 2-4 Units
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 complexand the possibility to increase that to 35 units through density bonusesthis 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!
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 complexand the possibility to increase that to 35 units through density bonusesthis 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!
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 complexand the possibility to increase that to 35 units through density bonusesthis 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!
Location
State CA
County Los Angeles
Area Sunland (91040)
Zoning Public Rec
Interior
Cooling Central Forced Air
Exterior
Parking Features Unit1:Assigned
Building
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $98
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Michael Zargarian • NextHome Grandview
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "