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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!
Property Type(s):
Residential Income
| Last Updated | 3/18/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | Sunland/Tujunga | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Sunland/Tujunga |
| FIREPLACE | Yes |
| GARAGE | Assigned |
| LOT | 0.41 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
| ZONING | LAR3 |
Location
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Listed with NextHome Grandview
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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