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!
DAYS ON MARKET
|
35
|
LAST UPDATED
|
10/8/2024
|
YEAR BUILT
|
1940
|
COMMUNITY
|
Pacoima
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Sep 26, '24
|
$1,049,000
|
Sep 26, '24 - Oct 8, '24 |
$1,094,000
|
Oct 8, '24 - Today |
$1,069,000 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
6 Burner Stove, Tankless Water Heater |
AREA |
Pacoima |
CONSTRUCTION |
Stucco |
GARAGE |
Assigned, Concrete, Private, Pull-through |
HEAT |
Central |
INTERIOR |
All Bedrooms Down, Granite Counters |
LOT |
8108 sq ft |
LOT DESCRIPTION |
Front Yard |
PARKING |
Assigned,Concrete,Private,Pull-through |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected |
WATER |
Public |
ZONING |
LAR2 |
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Listed with Realty Executives
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 10:31 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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