CA > Tujunga (los Angeles)
Tujunga (los Angeles), CA 91042,10219 Commerce Avenue
Tujunga (los Angeles), CA 91042,10219 Commerce Avenue
Tujunga (los Angeles), CA 91042,10219 Commerce Avenue
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Deeana Owens

Deeana Owens

Owens Real Estate Inc.

+1(678) 250-3471
Listed by Levon Alexanian • Keller Williams World Media Center
$3,250,000
Est. payment /mo
10,032 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,032 sqft

Price per Sqft $323

MLS Listing ID CRSR25159818

HOA Y/N No

Year Built 1987

Lot Size 10,361 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

We are pleased to present this unique 12 unit investment opportunity in the emerging market of Tujunga Ca. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Built in 1987, the building is comprise of (6) 2+2s & (6) 1+1s all with central ACV, fireplaces, enclosed garages (which can possibly be converted to ADUs?, buyer to verify)Fully occupied, significant upside, month to month tenancy. *** Also available with sister property 4 doors down at 10129 Commerce Ave for a portfolio purchase of 24 units $6.5M (not requiring on site manager/expense) *** This is a rare opportunity to acquire one or two well-maintained multifamily assets in low inventory market with: • Cash flow from day one • Clear upside through rent increases and ADU development (buyer to verify) • Located in a market poised for long-term appreciation *** For offering memorandum contact listing agent ***

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Other

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Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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