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$1,399,999
Est. payment /mo
0.41 Acres Lot
UPDATED:
11/14/2024 12:30 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD24230633
HOA Y/N No
Year Built 1954
Lot Size 0.406 Acres
Property Description
Capitalize on the HUGE demand for housing in Los Angeles right now! This 5-unit complex consists of four 2 bed, 1 bath units and one 1 bed,1 bath unit. All of which are very well maintained. near Foothill Blvd. is located in a prime location and ready for it's next owners. With LAR3 zoning and a huge expansive lot, this amazing development allows for a 23-unit apartment complex and up to 35 units with density bonus's. This well maintained 5-unit residential income property boasts a prime location, offering convenient access to vibrant neighborhoods, shopping, and dining. Don't miss your chance for rental income and a rare investment opportunity! This property is perfect for savvy investors looking to expand their portfolio or someone looking to start theirs. Don’t miss out on this chance to own a piece of LA’s thriving real estate market!
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Zoning LAR3
Interior
Cooling Central Air
Fireplaces Type Decorative
Fireplace Yes
Laundry None
Exterior
Garage Asphalt, One Space
Fence Block, Chain Link, Vinyl, Wood
Pool None
Community Features Park
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2560009047
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Special Listing Condition Standard
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Listed by Armen Khosrovian • NextHome Grandview • 818-209-7083