Description
Original listed price has been reduced by $900,000! the subject is a nine-unit woodframe and stucco luxury apartment building, constructed in 2021, with a convenient location in tujunga, a suburban community within the city of los angeles. the subject is located just north of foothill boulevard and the foothill (interstate 210) freeway, approximately one mile west of glendale, two miles north of burbank and less than eight miles from pasadena. this stylish contemporary three-story building includes a central garage on the first story and an excellent mix of oversized two and three-bedroom units ranging up to 1,598 square feet in size in the second and third stories. the property has a center atrium, an elevator located in the lobby and a central garage with 21 vehicle spaces. eight of the apartment units are one-level and one unit is two-story, townhouse-style. all units have contemporary kitchens with quartz countertops, dishwashers, gas range/ovens and microwave ovens. bathrooms have luxury oversized state-of-the-art showers with full glass enclosures. many rooms feature floor-to-ceiling windows. all units have recessed lighting, tankless water heaters, washer/dryers and central heating/air conditioning. electricity and gas are separately metered to each unit. zoning is lard1.5. eight of the units have no rental rate restriction. one two-bedroom unit is subject to restricted rate occupancy. most units are rented on a month-to-month tenancy. average rent per square foot is below comparable properties. as a nearly-new property with minimal rent control, there is potential to increase the capitalization rate and cash flow by increasing rental rates and decreasing operating expenses, perhaps by instituting a ratio utility billing system.
tujunga is located in the crescenta valley between the verdugo and san gabriel mountains. it shares many municipal services with the community of sunland which is adjacent to the west. many residents are employed in the nearby cities of glendale, burbank and pasadena. the area is served by the nearby hollywood-burbank airport, a regional hub, as well as los angeles international airport which is located approximately sixteen miles to the south.
Property Type
Residential IncomeCounty
Los AngelesStyle
ModernAD ID
45844688
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Elastomeric,Flat,Mansard
- Interior Features: Built-in Features,Elevator,Multiple Staircases,Open Floorplan,Quartz Counters,Recessed Lighting,Storage,Unfurnished,Atrium,Bedroom on Main Level,Main Level Primary
- Windows: Blinds
- Property Appliances: Built-In Range,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Microwave,Tankless Water Heater,Dryer,Washer
- Fireplace: None
- Flooring: Vinyl
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central,Forced Air
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 2021
- Building Area Total: 14,120
- Construction: Drywall,Frame,Stucco
- Roof: Composition,Elastomeric,Flat,Mansard
Foundation
- Slab
Security Features
- Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Smoke Detector(s)
Accessibility Features
- Accessible Elevator Installed,Grab Bars,Parking,Accessible Doors,Accessible Entrance,Accessible Hallway(s)
Pool Features
- None
Fencing
- Excellent Condition,Wrought Iron
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2672
- Lot Size Source: Assessor
- Lot Size Square Feet: 11639
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Listing Information
Listing Price Information
- Original List Price: 4,350,000
- Listing Contract Date: 2024-02-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2568016061
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Controlled Entrance,Concrete,Driveway Level,Garage Faces Front,Garage,Gated,Private,Community Structure
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Cable TV,Electricity,Gas,Telephone
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 659 - Sunland/Tujunga
- Postal Code Plus 4: 3733
- Directions: Foothill (210) Freeway to La Tuna Canyon Road, then left on Foothill Blvd. to Pinewood Avenue
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: 659 - Sunland/Tujunga
- Property SubType: Mixed Use
Building and Construction
- Property Age: 3
- Common Walls: 2+ Common Walls
- Property Condition: Turnkey
- Structure Type: Mixed Use
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Front of building
- Property Attached: Yes
- Levels or Stories: Three Or More
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BuyOwner last updated this listing 11/24/2024 @ 20:03
- MLS: PW24039012
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 14,120 sqft, 11,639 sized lot, and 21 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.