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Jim, Justin and Vickie, Sales Associate
SOLD
$1,400,000
Date 03/20/2024

10425 Mcvine Avenue
Sunland, CA 91040

Other
Residence
4,393
Sqft
0.4057
Lot Size
Listing Agent: Patrick Cochran CalDRE: 01817283 - Coldwell Banker Realty, [email protected]

Description for 10425 Mcvine Avenue Sunland, CA 91040

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.

Property Details

P1-16383
Other
Los Angeles
1954
0.4057 Acres
Public
Sewer Tap Paid
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Listing Agent: Patrick Cochran CalDRE: 01817283 - Coldwell Banker Realty, [email protected]
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Jim, Justin and Vickie Dean Stalter, Broker DRE# 00625377 - 30221 Golden Lantern Ste. A-B, Laguna Niguel, CA 92677 | Phone: (949) 464-8136 | Email: [email protected]

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