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$1,399,999

Beds
Unknown
sq ft
Unknown

10425 McVine Ave, Sunland, CA 91040

10425 McVine Ave

Sunland, CA 91040

  • 20 days on market
Seize the exceptional opportunity presented by the current high demand for housing in Los Angeles! This meticulously maintained 5-unit property, situated near Foothill Blvd., comprises four 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Its prime location offers easy access to vibrant neighborhoods, shopping, and dining. The expansive lot, designated with LAR3 zoning, provides a remarkable development potential, allowing for the construction of a 23-unit apartment complex, with the possibility of up to 35 units through density bonuses. This presents a rare investment opportunity for substantial rental income.Whether you're an experienced investor looking to expand your portfolio or someone eager to enter the thriving Los Angeles real estate market, this property is an ideal choice. Don't miss the chance to own a valuable piece of L.A.'s dynamic housing sector!

Details

Property type

Apartment

Lot size

0.4064 acres

Price per sq ft

Unknown

Year built

1954

HOA

No

Price History

01/02/2025
CRMLS

CRMLS #GD25000560

Listed
$1,399,999
12/31/2024
CRMLS

CRMLS #GD24230633

Removed
$1,399,999
+0.07%
11/09/2024
CRMLS

CRMLS #GD24208702

Removed
$1,399,000
-0.07%

Schools & Community

Neighborhood: 

Sunland

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fls Realty Llc

Loan start date

February 2024

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Commercial, 1 year

Seller

All Usa Properties Inc and Armen Khosrovian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 10:00 AM

Listing updated: 01/19/2025 at 3:30 AM

Listed by: Michael Zargarian, NextHome Grandview Phone #: (818) 937-9009

MLS: CRMLS #GD25000560

CRMLS logo

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