Description
Located on haines canyon avenue in tujunga, california, this twelve unit apartment complex offers (2) - 6 unit buildings on a +/-17,018 sf lot. with (12) - 2 bedroom / 1 bath units, an investor will have the opportunity to capture high rents in the +/-9,588 sf building. upon lease-up of the existing units, there is an additional rental upside of +/-40%.built in 1953, the property is under los angeles rso which currently allows owners to increase rents by up to 4% a year.each unit is separately metered for gas and electricity. the owner currently pays for water, septic, and trash removal.methods to increase the net operating income include the construction of accessory dwelling units in the rear portion of the property as well as adding washers and dryers back into the former laundry room. furthermore, a new owner may take steps to relocate tenants to increase current rents to market rate.the asset is centrally located near burbank, glendale, and pasadena allowing for a quick commute to some of the tri-cities best offerings.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47044059
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1957
- Building Area Total: 9,588
Pool Features
- None
Laundry Features
- None
Fencing
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3906
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 17013
-
Listing Information
Listing Price Information
- Original List Price: 2,750,000
- Listing Contract Date: 2024-09-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2568001014
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Asphalt,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 659 - Sunland/Tujunga
- Postal Code Plus 4: 2862
- Directions: The property is sitting north of Tujunga Canyon Boulevard on Haines Canyon Avenue
- Zoning: LARD3
- Source Property Type: Residential Income
- Area: 659 - Sunland/Tujunga
Building and Construction
- Property Age: 67
- Common Walls: No Common Walls
- Year Built Source: Public Records
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BuyOwner last updated this listing 11/21/2024 @ 17:06
- MLS: P1-19427
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 9,588 sqft, 17,013 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Tujunga , in zip code 91042, this Los Angeles County Home are nearby neighborhoods.