$1,560,000
$1,550,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
SOLD DATE : 06/23/2025
Key Details
Sold Price $1,560,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD25059458
Sold Date 06/23/25
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
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 complexand the possibility to increase that to 35 units through density bonusesthis 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!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction going east on foothill, go south on mcvine
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 2560009047
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Bought with Armen Khosrovian NextHome Grandview

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