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!
MLS #
CRSR24056088
MLS Source
California Regional MLS
Days on Site
73
Buyer's Brokerage Compensation*
2.25
Laundry
None
Cooling
Window/Wall Unit
Garage/Parking
Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
10345 Pinyon Ave is a Residential Income in Tujunga, CA 91042. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,700,000 and was built in 1914.
This address can also be written as 10345 Pinyon Ave, Tujunga, CA 91042.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 22, 2024. For the most current information, please contact Syuzi Hakobyan