10108 Fernglen Avenue Avenue
Los Angeles, CA 91042
Active Under Contract for $1,300,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 9,475 sqft
| MLS | P116837 |
| Year Built | 1940 |
| Property Type | |
| County | Los Angeles |
| Status | Active Under Contract |
| Active Under Contract | $1,300,000 |
| Structure Size | N/A sqft |
| Lot Size | 9,475 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Introducing a prime investment opportunity in Tujunga, RD1 Zoned commercial property comprising three buildings, each featuring two units, totaling six units ideal for investors. Four units are currently leased on a month-to-month basis, generating $3,800 in monthly income, while two units have been meticulously renovated and three units will be delivered vacant for the new owner to set the market rent. The 2 vacant units offers contemporary living spaces with modern finishes, including sleek cabinetry, quartz countertops, alongside comfortable bedrooms with ample closet space. Updated bathrooms feature contemporary fixtures, and laundry facilities are conveniently located within each unit. Outside, tenants can enjoy a stunning mountain views. With its income potential and prime location, this property promises strong returns and long-term growth prospects, making it an attractive investment opportunity for savvy buyers looking to expand their portfolio or start their real estate journey. Don't miss out on this rare chance to own an investment property in a highly desirable location - schedule a viewing today!
Listing information courtesy of: Paola Portillo, Sync Brokerage . *Based on information from the Association of REALTORS/Multiple Listing as of 05/10/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Rosie Nehme
REALTOR®
Direct: 818.445.6454
Email: Email Me
DRE: 02229619
DRE #01873088
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