Property Details
About this Property
The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.
MLS Listing Information
MLS #
CRSR24056706
MLS Source
California Regional MLS
Days on Site
242
Exterior Features
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Other, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
6711 Tujunga Ave is a Residential Income in North Hollywood, CA 91606. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,095,000 and was built in 1953. This address can also be written as 6711 Tujunga Ave, North Hollywood, CA 91606.
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This listing information is up-to-date as of September 17, 2024. For the most current information, please contact Braemon Hanes, (818) 865-8305
