0.41 Acres Lot
0.41 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25000560
HOA Y/N No
Year Built 1954
Lot Size 0.406 Acres
Property Description
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!
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Zoning LAR3
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Street Lights
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
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
Why Work With The Raymond Team?
How Does The Raymond Team Deliver Exceptional Real Estate Service?
Expert Guidance
We educate you on the market and guide you to the best best decision about your move.
Proven Systems
Over 23 years of real estate experience has helped us perfect our results-driven buying and selling systems.
Results Driven
We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.
MORTGAGE CALCULATOR
By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.
Ready to Take the First Step?
We are a team of full-time, dedicated professionals who specialize in specific areas of real estate, and we get Results.
When you work with one of us, you receive a team of committed professionals working together, putting your goals above their own, to ensure you receive the best customer service.
GET MORE INFORMATION
Broker Associate | License ID: 01342959