10558 Laurel Canyon Boulevard Contingent

Pacoima,CA 91331

$ 1049000

5 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID SR24198899

Bedrooms 5

HOA Y/N No

Lot Size 8,108 Sqft

Property Description

This unique Duplex with a newly added ADU (Total 3 Units) is located between Paxton and Van Nuys Blvd. This property offers a prime investment opportunity with tremendous income potential or enjoy it as owner-users while benefiting from the brand-new ADU and room for added value. Zoned LAR2 (Tier 3 TOC) on an 8,108 sq. ft. lot, it provides numerous development possibilities, including increased residential density in an affordable housing incentive area. This property offers a newly added 2-bed, 2-bath unit (10556 Laurel Cyn), making it a great opportunity for living in one unit while renting out the others, as this unit will be delivered vacant. Units 10558 Laurel Cyn a 1-bed and 1-bath and 10558 1/2 Laurel Cyn 2-bed and 2-bath will be delivered with tenants. Two out of the three units have recently undergone complete updates, including laminate flooring, recessed lighting, new doors, tankless water heaters, new HVAC system and newly cemented lot. Its flexible configuration, zoning advantages, and prime location near major freeways such as the 5, 118, 170, 405 and 118 freeways, make it ideal for investors and owner user alike!
This unique Duplex with a newly added ADU (Total 3 Units) is located between Paxton and Van Nuys Blvd. This property offers a prime investment opportunity with tremendous income potential or enjoy it as owner-users while benefiting from the brand-new ADU and room for added value. Zoned LAR2 (Tier 3 TOC) on an 8,108 sq. ft. lot, it provides numerous development possibilities, including increased residential density in an affordable housing incentive area. This property offers a newly added 2-bed, 2-bath unit (10556 Laurel Cyn), making it a great opportunity for living in one unit while renting out the others, as this unit will be delivered vacant. Units 10558 Laurel Cyn a 1-bed and 1-bath and 10558 1/2 Laurel Cyn 2-bed and 2-bath will be delivered with tenants. Two out of the three units have recently undergone complete updates, including laminate flooring, recessed lighting, new doors, tankless water heaters, new HVAC system and newly cemented lot. Its flexible configuration, zoning advantages, and prime location near major freeways such as the 5, 118, 170, 405 and 118 freeways, make it ideal for investors and owner user alike!

Location

State CA

County Los Angeles

Area Pacoima (91331)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Building

Lot Description Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $30

Acceptable Financing Cash,Conventional,FHA

Space Rent $1,144

Listing Terms Cash,Conventional,FHA

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