10425 McVine Ave - Apartments FOR SALE


Sunland, CA 91040
$1,550,000 USD
818-858-5026
10425 McVine Ave, Sunland, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

10425 McVine Ave
Sunland, CA 91040


HIGHLIGHTS

  • R3 Zoning
  • Can build up to 23 Units
  • One Vacant 2 bed Unit
  • Expansive lot
  • Remarkable development potential

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

5

PRICE/UNIT

$310,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,674 SF

ZONING

LAR3

APN/PARCEL ID

2560-009-047

ASK ABOUT THIS PROPERTY

Michael ZargarianNextHome GrandviewMore Info
818-858-5026

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Michael ZargarianNextHome GrandviewMore Info
818-858-5026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.