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!
MLS# | GD25059458 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1954 |
Days On Site | 42 |
Listing Provided By | NextHome Grandview 818-937-9009 | Michael Zargarian |
SQ Feet | 4,393 |
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Story(s) | 1 |
Units | 5 |
Building(s) | 1 |
Zoning | LAR3 |
Acreage | 0.41 |
State | CA |
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County | Los Angeles |
City | Sunland |
Zip Code | 91040 |
Area | 659 Sunland | Tujunga |
Listing VS Median (in 91040) | |
Price: $1,550,000 low | high Med: $809,000 SqFt: 4,393 low | high Med: 1,316 $ / SqFt: $353 low | high Med: $615 On site: 42 low | high Med: 104.000000 |