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land / 2 bedroom house built 1937. 4 units can be built. Whats the sell Value

I have a property in 91214 zip code. 7600+ sq/ft and 2 bedroom house built 1937. What will be the selling price considering that can built 4 units. 
  • November 03 2012 - Sunland
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Answers (6)

Dear User,
Well it depends upon the location of the property and the "actual zoning" to determine price. When putting a value on property, regardless of what "could" be done, it would be based upon what is there now. (a 2-bedroom house build in 1937 on a large lot in Sunland.
My advice is to call a local realtor to come out to the location to give you a  realistic and worthwhile opinion of value.

  • June 28 2013
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Youll need more than Janaka's website to determine the LAND value since (Im assuming) the highest and best use of the property is 'as vacant' for development purposes.

Consult a Sunland Realtor or go here to find a local appraiser who specializes in land appraisals in the Sundland/Tujunga area. An appraisal will cost you but its your best bet if you are serious.
  • May 21 2013
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You can go into my website, go to property search and look at the active, pending and sold homes in your area and get a general idea.
Feel free to send me an email with your address and I can provide the price that market will support at this time.  Also, keep in mind the average prices in your area increased significantly over the last 12 months.
  • May 21 2013
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We would need a little more information to give you a value. If you would like to email me more information, I'd be happy to give you my opinion.

  • May 13 2013
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We would need to speak with you and get some additional information Owners name and address before we could be of help.
  • May 11 2013
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Is  the house upgraded?, where in 91214, how many square foot is the house?     send me the address [Hotlink removed by Zillow moderator. Please see our Good Neighbor Policy for information.]
 I will send you a CMA.
 
  • May 07 2013
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