Sylmar (los Angeles), CA 91342,12603 Ralston Avenue
Listed by Julian Park • Citiwide Realty Group
Bought with Maral Kazandjian • Datashare CR Default Office Don't Delete

$560,000

Est. payment /mo

$550,000

1.8%
Est.Price: ?

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12603 Ralston Avenue Sylmar (los Angeles), CA 91342

1 Bed

1 Bath

520 SqFt

SOLD DATE : 05/14/2020

Key Details

Sold Price $560,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 520 sqft

Price per Sqft $1,076

MLS Listing ID CRSR20068375

Bedrooms 1

Full Baths 1

Year Built 1947

Lot Size 0.389 Acres

Property Sub-Type Detached

Property Description

THE ULTIMATE MARKET-PROOF REAL ESTATE INVESTMENT. Almost ***17,000sq ft of lot space*** on ***RD3 zoning***. Garage converted to a ***guesthouse*** with kitchenette & bathroom (buyer to verify permits). Easy rental income as you work on permits. Easy rental income for work trucks, or anything, as you realize your grand vision. This investment is market-proof. In other words, no matter what's going on - land and zoning is ALWAYS PROFITABLE. In fact, take advantage of NOW - there are less buyers in the market, meaning less competition for you! Because of its zoning, you may be able to ***build several units*** on there. Each SFR can have an ADU and a JR ADU!! Turn this cheap property into multiple residences. Or tear everything down and just build a PUD (planned urban development), multi-unit community. Rarely will see you see a property for this price with these possibilities.

Location

State CA

County Los Angeles

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Other

Exterior

Pool None

View Mountain(s)

Building

Story 1

Water Public

Schools

School District Los Angeles Unified

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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