$1,111,111
$855,000
30.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 02/07/2023
Key Details
Sold Price $1,111,111
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22258679
Sold Date 02/07/23
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Investors wanted! Great opportunity in Lake Balboa just across from the Van Nuys Airport! The possibilities are endless with this multi-family duplex that is in LAMR1 zoning allowing for commercial use C2 or light manufacturing M1, as well as legal cannabis zoning. Property was previously used as a legal cannabis manufacturing and packaging business. A large, gated parking lot with space for 6+ cars, and at the back of the property is a spacious duplex totaling 1,636 sqft. Each unit features 2-bedrooms, 1-bathroom, and separate gas and electric meters. The property has a total of 2 gas meters and 3 electric meters. Keep the same layout or re-develop for an office building, warehouse, manufacturing, or even residential units. Additional parking can be found in front of the automated gate. The property is spacious 7,872 sqft and has so much potential. Do not miss out!
Location
State CA
County Los Angeles
Zoning Assessor
Direction From I-405 S toward Santa Monica; take exit 66 toward Sherman Way/Reseda; turn right onto Haskell Ave; turn left onto Saticoy St
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Armine Badikyan Terra Trade, Inc
