1040-1042 Redwood St, Mission Hills, CA 92103
- $2,275,000
- 4
- BD
- 2
- BA
- List Price
- $2,275,000
- Status
- ACTIVE
- MLS#
- 250033412
- Bedrooms
- 4
- Bathrooms
- 2
- Complex/Building Name
- N/A
- Property Type
- Multifamily
- Year Built
- 1942
Property Description
Located in the heart of Mission Hills, 1040-42 Redwood Street offers a rare blend of existing income and future development upside. The property features a fully rented duplex comprised of two spacious 2-bedroom, 1-bathroom units with a detached garage, generating steady in-place income from day one. Set on an approximately 8,749 SF lot (87.5’ x 100’), the site is zoned RM-2-5 with a CCHS Tier 3 overlay allowing a 6.5x FAR and FAA clearance. Mission Hills continues to see strong growth, supported by its walkability, central location, and proximity to major job centers. With its classic charm and development-friendly zoning, this property is well-suited for investors looking to capitalize on both immediate cash flow and long-term potential.
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Additional Information
- Building Name
- N/A
- Cooling
- Other
- Neighborhood
- Middletown
- Roof
- Other
- Year Built
- 1942
Mortgage Calculator
Listing courtesy of Listing Agent: Aaron Bove (858-945-7094) from Listing Office: Marcus & Millichap.
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