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$1,100,000
Est. payment /mo
9 Beds
6 Baths
4,698 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,698 sqft
Price per Sqft $234
MLS Listing ID 25522887
Bedrooms 9
HOA Y/N No
Year Built 1948
Lot Size 0.315 Acres
Property Description
Featuring two houses and a quadruplex on a large, 13,711 square foot corner lot, the property offers excellent visibility along the high-traffic Van Nuys Boulevard thoroughfare. The property sits mere blocks from the upcoming East San Fernando Valley Light Rail Project, a major infrastructure development that will enhance connectivity and increase property values along this key transit corridor. Pacoima is undergoing significant revitalization and economic growth, fueled by infrastructure investments, new retail developments, and its proximity to major employment centers. Nearby attractions include Pacoima Plaza, Hansen Dam Recreation Center, and The Plant Shopping Center, all adding to the neighborhood's appeal. The property allows tenants convenient access to the 5, 118, and 210 Freeways, providing a connection to employment centers and entertainment destinations throughout the vast Los Angeles metro area. The property itself is well-maintained, featuring a newer roof, mostly copper plumbing, and assigned parking for all tenants. The three separate buildings provide a charming, low-density living experience, which remains highly desirable among tenants seeking a more residential feel. With strong rental demand, a prime location near transit, and an attractive unit mix, 12937 Van Nuys Boulevard represents an excellent opportunity for investors seeking value-add potential and long-term appreciation.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LARD2
Interior
Fireplace No
Exterior
Parking Features Assigned
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2533011022
Special Listing Condition Standard
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Listed by Roderick 'Rick' Raymundo Marcus & Millichap
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