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10219 Commerce, Tujunga, CA 91042
Priced at Only: $6,500,000
For more Information Call Mobile: 714.478.6676
Address: 10219 Commerce, Tujunga, CA 91042
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  • MLS#: SR25207289 ( Apartment )
  • Street Address: 10219 Commerce
  • Viewed: 1
  • Price: $6,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1987
  • Bldg sqft: 0
  • Days On Market: 13
  • Additional Information
  • County: LOS ANGELES
  • City: Tujunga
  • Zipcode: 91042
  • Provided by: Keller Williams World Media Center
  • Contact: Levon Levon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present this unique 24 units + 2 n.c investment opportunity in the emerging market of Tujunga Ca. Max state allowable increases (ab 1482) no RSO. The 2 building portfolio was built in 1987, located on the same street just a couple buildings apart, comprised of (12) 2+2s & (12) 1+1s all with central AC, fireplaces, enclosed garages. Both buildings have a large storage space that already has kitchens and bathrooms which are not currently occupied. An astute investor will realize that effectively there is 26 units without the requirement of an onsite manager with a market cap rate of 7.3%. Furthermore the enclosed garages might potential offer additional revenue via ADU conversion? Buyer to verify. 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. Just 3 miles to the Angelus National Golf Club.
Features
Building Area Total
  1. 20414.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Electric Expense
  1. 0.00
Entry Location
  1. floor
Fuel Expense
  1. 0.00
Garage Spaces
  1. 10.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Lot Features
  1. 21-25 Units/Acre
Netoperatingincome
  1. 407556.00
Number Of Separate Electric Meters
  1. 26
Parcel Number
  1. 2565012072
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 446853697:CRM
Totalexpenses
  1. 153804.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1987
Year Built Source
  1. Other
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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