Properties such as this rarely become available. It is located in a very attractive Pacoima neighborhood with a strong rental market, and sits on an 86x29, 1.25 acre flat lot (54,430 SqFt) with street and alley access. It is presently partitioned with 3 detached homes accessed from Dronfield Ave and a rented nursey accessed from the rear alley. Here is a breakdown of some of the property's features: 11781 Dronfield Ave Front Home: 1,304 SqFt 4 Bedrooms 2 Bathrooms 2 Car Garage-Separate Water, Gas and Electric Meters- Existing Rent: $2,160/Month. 11779 Dronfield Ave Middle Home: 1,237 SqFt 3 Bedrooms 2 Bathrooms 2 Car Garage-Shared Water Meter, its own Gas & Electric Meters-Existing Rent: $2,575/Month. 11779 1/2 Dronfield Ave Rear Home: 832 SqFt 2 Bedrooms 1 Bath 1 Car Garage-Shared Water & Meter- Its own Gas & Electric Meters-Existing Rent: $1,688/Month. All 3 dwellings are accessed via the upgraded concrete driveway. Nursery: Has meter that tracks water usage- Existing Rent: $1,100/Month. Everything is on the existing septic system Potential Opportunities for: High future monetary upside vs current below market rents. Family compound. Potential for residential development. Lot subdivision. Tremendous ADU opportunities. Underwrite your mortgage while living in one, rent the others, while pursuing your redevelopment plans. Close to schools, shopping, restaurants, Hansen Dam Golf Course & Recreation Areas, plus easy access to the 118 & 210 freeways. Call now for all the details.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
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1064835530 |
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ByOwner last updated this listing 05/17/2024 @ 02:26
MLS: SR24058078
LISTED BY: Martin Tapia, Park Regency Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
