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Sold

10425 Mcvine Avenue

10425 Mcvine Avenue, Sunland, CA 91040

$1,400,000

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.

Studio

4,393 Sq.Ft. LIVING AREA

0.41 Acres lot

Features & Amenities

Interior

total bedrooms0
Laundry room None
Fireplace Decorative

Area & Lot

Status Sold
Living Area4,393 Sq.Ft.
Lot Area0.41 Acres
MLS® IDP1-16383
TypeResidential
YEAR BUILT1954
View DescriptionNone

Exterior

water SourcePublic
PoolNone
parkingAsphalt, One Space, On Street
sewerSewer Tap Paid

Financial

Sales Price$1,400,000
Zoning LAR3

Work With Laurie

I handle all levels of clients looking to buy and sell in Pasadena, San Marino, Altadena, South Pasadena, and the San Gabriel Valley. Whether you are a first-time home buyer, moving up or scaling down I can help you find the home of your dreams or make the sale of your home as simple as possible. Contact me today to discuss all your real estate needs!

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