6819 Variel Ave., Canoga Park, CA 91303 - 20616172 - iPro Real Estate

6819 Variel Ave.
Canoga Park, CA 91303

Deleted, Multi-Family/Income Sale

For Sale

$2,175,000

Free Professional CMA

Listing ID : 20616172

  • Beds

    7
  • Year

    1959

Description

WARNER CENTER DEVELOPMENT OPPORTUNITY. Currently a 100% occupied 6-unit multi-family building on a 9,003 sf parcel giving the developer an opportunity to earn income while plans and entitlements are underway. Eased building restrictions in The Warner Center allow for up to 40-units with NO HEIGHT RESTRICTIONS. Special zoning only requires 1/2 parking spaces per unit and there are NO REQUIREMENTS FOR AFFORDABLE HOUSING. LA is undergoing a massive revitalization project along 51-miles of the LA river which

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 2138022016
Net Operating Income: $62,071 
Number of Units: 6 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR3 

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34.194366 -118.59314 $2,175,000 20616172
6819 Variel Ave., Canoga Park, CA 91303
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Listed by Chase Simonton with Keller Williams-Santa Monica