0.28 Acres Lot
0.28 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26158707
HOA Y/N No
Year Built 1928
Lot Size 0.278 Acres
Property Sub-Type Apartment
Property Description
Beyond its immediate income-generating power, the property offers exceptional value-add and redevelopment upside. Investors can choose to remodel the existing structures, utilizing the generous lot space to add accessory dwelling units or expand the commercial footprint. Alternatively, the site is an excellent candidate for complete redevelopment, allowing a buyer to demolish the current structure and construct a brand-new apartment complex, a larger commercial facility, or a modern mixed-use project featuring ground-floor retail with residential units above.
This versatile property is being sold in its present as-is condition and has been priced competitively to reflect its incredible future potential. To help expedite the acquisition, a prospective lender is already in place with financing available at forty percent down. Whether you choose to collect steady rent, occupy the space, or redevelop from the ground up, this property represents a rare and lucrative footprint in a prime commercial corridor.
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Sewer Public Sewer, Sewer Tap Paid
Water Public
New Construction No
Others
Senior Community No
Tax ID 2564005025
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Nearby Locations
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