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16116 Saticoy Street
Lake Balboa, CA 91406
Sold
16116 Saticoy Street
Lake Balboa, CA 91406
Sold
Investors wanted! Great opportunity in Lake Balboa just across from the Van Nuys Airport! The possibilities are endless with this multi-family duplex that is in LAMR1 zoning allowing for commercial use C2 or light manufacturing M1, as well as legal cannabis zoning. Property was previously used as a legal cannabis manufacturing and packaging business. A large, gated parking lot with space for 6+ cars, and at the back of the property is a spacious duplex totaling 1,636 sqft. Each unit features 2-bedrooms, 1-bathroom, and separate gas and electric meters. The property has a total of 2 gas meters and 3 electric meters. Keep the same layout or re-develop for an office building, warehouse, manufacturing, or even residential units. Additional parking can be found in front of the automated gate. The property is spacious 7,872 sqft and has so much potential. Do not miss out!
PROPERTY INFORMATION
| MLS # | GD22258679 | Lot Size | 7,872 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 855,000
Price Per SqFt: $ 523 |
DOM | 848 Days |
| Address | 16116 Saticoy Street | Type | Residential Income |
| City | Lake Balboa | Sq.Ft. | 1,636 Sq. Ft. |
| Postal Code | 91406 | Garage | N/A |
| County | Los Angeles | Year Built | 1950 |
| Bed / Bath | 4 / 0 | Parking | N/A |
| Built In | 1950 | Status | Closed |
| Sold Date | 2023-02-07 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Block, Wrought Iron |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $912
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/07/2023 | Sold | $1,111,111 |
| 01/27/2023 | Pending | $855,000 |
| 01/11/2023 | Active Under Contract | $855,000 |
| 01/03/2023 | Listed | $855,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Charlie Kachian, JohnHart Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
