Sunland, CA 91040 10425 Mcvine Avenue
$1,550,000
Pending
15 more
Presented By: Michael Zargarian with NextHome Grandview; 818-858-5026
Beds • 9
Baths • 2
SQFT • 4,393
Year Built • 1954
Home Details
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 complex—and the possibility to increase that to 35 units through density bonuses—this 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!
Presented By: Michael Zargarian with NextHome Grandview; 818-858-5026
Interior Features for 10425 Mcvine Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesInside
Total Stories1
Other Rooms
Entry Level1
General for 10425 Mcvine Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySunland
Community FeaturesStreetLights, Suburban
CoolingCentralAir
CountyLos Angeles
Directionsgoing east on foothill, go south on mcvine
Electric Expense0.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional
Lot Size Square Feet17702.0
Lot Size UnitsSquareFeet
MLS Area659 - Sunland/Tujunga
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased4
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot58
Tenant PaysCableTv, Electricity, TrashCollection
Trash Expense0.0
Water Sewer Expense0.0
Year Built1954
Year Built SourcePublicRecords
ZoningLAR3
Exterior for 10425 Mcvine Avenue
Building Area Total4393.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.4064
Lot Size Area17702.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
