11767 Peoria Street, Sun Valley, CA 91352

$2,800,000
List Price
$2,800,000
MLS#
SR24045980
Status
ACTIVE
Type
Multifamily

Property Description

Looking for car enthusiasts or collectors of any type looking for extra storage space while making income from rental units. What a great opportunity to find a flat 35,460 sqft lot with an RV|Car parking yard. Store all your vehicles, trucks, boats, water sport toys, etc. at the rear of this amazing parcel. The RV parking yard is completed gated and features a metal covered structure along with water, electricity & (3) sewer clean-outs. You can store so many cars in this approx. 9,000 sqft yard. LAR-1 zone non-conforming 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. Address are as follows: 11767, 11775, 11773 & 11771 plus garage conversions & additions which are the following: 11767-B, 11775-B & 11773-B. There is also a bonus room with 3/4 bath & office room with 3/4 bath, currently being used by the Seller for personal use. Living area square footage is larger than what is reflected with the tax assessors. Total income currently is $14,000 per month with potential for further growth. Property is completed gated with well manicured yards offering tons of charms. Each unit offers off-street parking behind the gated compound. (see supplement link for further details on the individual units). Call for detail as this property is one-of-a-kind and hard to describe in print. There may also be possibilities for a 6 parcel subdivision, Buyer to further investigate.

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Courtesy of Pinnacle Estate Properties, Inc., Raquel Magro.