4915 Gloria Ave
Encino, CA 91436
Land For Sale · 0.69 AC

Prime Encino location! Welcome to this 30,000 square foot compound just north of the Blvd! This one of a kind property is being marketed for the first time in over 50 years! This property is perfect for an investor, owner user or developer! It has multiple units (title shows a legal 4 unit) on it that make it ideal for living in the main house & collecting rent from the other homes or renting out the entire property which has 6 structures on it! The property is under rent control! The main house has 2 bedrooms, 2 baths, a LR, FR, 2 fireplaces, a dining area, kitchen & laundry room! There is a pass through third bedroom! The rear yard has a large pool! The second home is a 2 bedroom, one bath with a LR, dining area & enclosed sun room w/laundry area! It is currently occupied but may be vacant at closing! The third unit is a large vacant 2 bedroom, one bath that is good size but needs to be totally renovated! The fourth unit is a one bedroom, one bath vacant unit with a living room & dining area that needs some updating! There is also a really nice studio unit with high wood beam ceilings & floor to ceiling brick fireplace. It has a covered patio. The last unit is a small but cute studio! There is an additional exterior laundry room! Two of the units are non-conforming! There is a lot of open space which creates many options including possible expansion of the existing units! The property is being sold in its present as is condition with no repairs by the seller. Buyers to perform their own due diligence and rely on their own investigations regarding the condition, zoning, number of legal units, certificate of occupancy and any current or future uses or development!