CA > Tujunga
Tujunga, CA 91042,10219 Commerce Avenue
Tujunga, CA 91042,10219 Commerce Avenue
Tujunga, CA 91042,10219 Commerce Avenue
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$3,250,000
Est. payment /mo
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3 Beds
3 Baths
New

10219 Commerce Avenue Tujunga, CA 91042

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25159818

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

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

Community Horse Trails

Zoning Assessor

Direction North of Foothill

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2565012072

MLS Router / San Diego MLS
Listed by Levon Alexanian Keller Williams World Media Center

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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10219 Commerce Avenue

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