11767 Peoria Street
Sun Valley, CA 91352
0.81 acres | #SR24119937
Description
Income producing GEM in Sun Valley with tons of other potential! Property is very deceiving from the exterior frontage but once you enter via the automatic gate you will understand the uniqueness of this 35,460 sqft lot. Property is completely gated with well manicured yards offering tons of charm. There are 4 original dwellings plus 3 garage conversions & additions creating the 7 units that are currently leased for an income of $14,000 per month. In addition at the rear of the lot you will find approx. 9,000 sqft open space area, ideal for car & boat storage or RV parking. This area is perfect for a car collector or just someone with a hobby that requires an open-air outdoor space. LAR-1 zoning with non-confirming lot with 4 residences on the property that have been "Grandfathered In". Garage conversations as well as the additions are legally permitted with C of O's with exception of the gas line to the stoves. Each unit offers off-street parking behind the gated community. There is also a bonus room with 3/4 bathroom and an office room with 3/4 bathroom, currently being used by the Seller for personal use. These rooms can also bring in extra income in the future. There may also be possibilities for a 6 parcel subdivision, Buyer to further investigate future land improvements or requirements. 100% leased!
Property Details
- Lot DescriptionNearPublicTransit
- ViewNeighborhood
- Stories1
Measurements
- Acres0.814
Parking
- Parking Spaces2
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1952
Material information
- FoundationCombination
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,299,000
Other
- MLS #SR24119937
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Raquel Magro (#F210077879)
Listing Office: Pinnacle Estate Properties, Inc. (#F2435003)
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