10345 Pinyon Avenue
Tujunga, CA 91042
Active for $1,700,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 21,794 sqft
| MLS | SR24056088 |
| Year Built | 1914 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $1,700,000 |
| Structure Size | N/A sqft |
| Lot Size | 21,794 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Presenting an exceptional investment opportunity nestled in the heart of Tujunga! Welcome to 10345 Pinyon Avenue, featuring a property of 7 residential units, 2 leased storages, and 4 leased garages. This property consists of a total of 3,934 square feet of living space. Positioned on a spacious 21,794 square foot lot (0.5 acres), this offering provides ample room for future development or expansion ventures. Each unit is meticulously designed to offer comfortable living arrangements tailored to diverse tenant needs. Additionally, 2 Ready-to-Issue (RTI) Accessory Dwelling Units (ADUs), each spanning 1,000 square feet, will be included with the property, with an opportunity to obtain a Junior ADU on the premises also. Notably, one unit is currently vacant and newly remodeled, poised to enhance the cap rate. Residential tenants have been issued letters for rent increases beginning April 1, 2024. Whether you're looking to diversify your investment portfolio or embark on a new venture, this property offers boundless potential for growth and prosperity. Don't miss out on this exceptional opportunity to make your mark in Tujunga's flourishing real estate landscape!
Listing information courtesy of: Syuzi Hakobyan, JohnHart Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of 04/27/2024 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
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DRE #01873088
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