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Seller Financing Available20% Down Payment | 6% Annual Interest | No Prepayment PenaltyThis incredible 6-unit income property in Tujunga, located on nearly 26,000 sq ft of land, is generating approximately $11,248 per month in rental income. There is significant upside potential, with market rents in the area reaching $14,800 per month. Additionally, the detached 2-car garage, currently rented for $500 per month, could be converted into an Accessory Dwelling Unit (ADU) to generate an additional $2,100 per month in rental income.Based on last appraisal report:Total Living Area: 4,570Garage Size : 1,730Carport :360Currently, rents are below market, offering a great opportunity for increases.Property Overview:First Structure (2-story):Second Floor: 2 units, each 1 Bedroom, 1 BathroomUnit 1: Rented for $1,092Unit 2: Rented for $1,196Total: $2,288First Floor: 2-car garage and a studio unitStudio Unit: Rented for $1,092Second Structure:1 Bedroom, 1 BathroomRented for $1,768Third Structure:1 Bedroom, 1 BathroomRented for $2,100Front House:2 Bedrooms, 2 BathroomsRented for $3,500The detached garage at the end of the property is currently rented for $500 per month but could be converted into an additional residential unit for increased rental income.Additional Property Features:Spacious front and back yards, offering potential for additional rental units, an ADU, a new house, or storage units for more income.Storage area on the property that can be leased for extra revenue.Long, wide solar-lit driveway with ample parking, including carports, and space for RV or boat storage.Almost all units are equipped with washer/dryer hookups for tenant convenience.This is a fantastic value-add opportunity not to be missed.
Property Type(s):
Residential Income
| Last Updated | 2/17/2025 | Year Built | 1938 |
|---|---|---|---|
| Community | Sunland/Tujunga | Garage Spaces | 6.0 |
| County | Los Angeles |
Price History
| Prior to Feb 17, '25 | $1,995,950 |
|---|---|
| Feb 17, '25 - Today | $1,899,950 |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Sunland/Tujunga |
| GARAGE | Assigned, Attached Carport, Boat, Carport, Commu, Detached Carport, Direct Access, Door-Multi, Door-Single, Driveway, Driveway Up Slope From Street, Garage, Gravel, One Space, Private, RV Access/Parking, RV Potential, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 0.58 acre(s) |
| LOT DESCRIPTION | 6-10 Units/Acre |
| PARKING | Attached Carport,Assigned,Boat,Carport,Door-Multi,Detached Carport,Direct Access,Door-Single,Driveway,Driveway Up Slope From Street,Garage,Gravel,Private,RV Potential,RV Access/Parking,One Space,Commu |
| POOL DESCRIPTION | None |
| SEWER | Septic Type Unknown |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Sewer Connected |
| WATER | Public |
| ZONING | LAR1 |
Location
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Listed with Luxury Homes International
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