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11767 Peoria Street
Sun Valley, CA 91352
Residential Multi Family (Quadruplex)
0.81 Acres
5671 Sqft Living Area
14 Bedrooms
10 Bathrooms (10 Full, 0 Half)
Year Built: 1952
$2,299,000
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Property Description
Income producing GEM in Sun Valley. 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. There may also be possibilities for a 6 parcel subdivision, Buyer to further investigate future land improvements or requirements.
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Contact Details
Name: Raquel Magro
Email: raquel@raquelmagro.com
MLS Listing Id: SR24119937
Agent Phone: (818) 968-4585
List Agent License: 00920540
Office Name: Pinnacle Estate Properties, Inc.
Office Phone: (818) 365-0677
Office MLS Id: F2435003
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
