10425 Mcvine Ave Sunland, CA 91040-3100
Property profile & analytics
10425 Mcvine Ave Sunland, CA 91040-3100
- Apartment buildings
- 4,393 SF
- 0.41 lot acres
Property ID
US09-6772411
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 10425 Mcvine Ave
- Year built
- 1954
- Construction
- WOOD
- Lot size
- 0.41 lot acres
- Property size
- 4,393 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 2560-009-047
- APU
- 2560009047
Description
This exceptional 5-unit apartment building presents a compelling investment opportunity in the desirable Sunland neighborhood of Los Angeles, CA. Located at 10425 McVine Ave, 91040, this single-story complex boasts 4,393 square feet on a substantial 17,674 square foot lot. The property comprises four 2-bedroom/1-bathroom units and one 1-bedroom/1-bathroom unit, currently generating a net operating income (NOI) of $32,504, representing a 2.71% cap rate on the $1,200,000 asking price. The property is zoned LAR3, offering significant development potential. Under current zoning, a 22-unit apartment complex is permitted by right, with the possibility of up to 35 units through the utilization of density bonuses. The large lot size also presents the opportunity to add an accessory dwelling unit (ADU), further enhancing rental income and property value. Conveniently situated near Foothill Boulevard, the property benefits from proximity to retail amenities, ensuring high tenant demand. This property is an ideal investment for those seeking a value-add opportunity with substantial upside potential in a prime Los Angeles location. The $240,000 per-unit price point represents a strong value proposition in the current market. The property's APN is 2560-009-047.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,400,000
- ML approach
- $1,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,076,000
Market price range: $600k - $1.59M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,105,000 Current use
- AUTO REPAIR, GARAGE
- $2,390,000 Change: +116% Conversion: Difficult
- OFFICE BUILDING
- $2,205,000 Change: +100% Conversion: Moderate
- MEDICAL BUILDING
- $2,000,000 Change: +81% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $1,860,000 Change: +69% Conversion: Difficult
- RETAIL STORES
- $1,805,000 Change: +63% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,315,000 Change: +19% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,230,000 Change: +11% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sunland
- County
- Los Angeles
- State
- California
- Longitude
- -118.312
- Latitude
- 34.2586
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,386
$150,297
$367,037
$517,334
-
$0.00
$0.00
$0.00
