Description
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 86x629, 1.25 acre flat lot (54,430 Sq Ft ) with street and alley access. It is presently partitioned with 3 detached homes accessed from Dronfield Avenue, and a rented nursery 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.
