10237 Commerce Avenue Tujunga, CA ^$ 2,195,000

10237 Commerce Avenue

^$ 2,195,000

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10237 Commerce Avenue

Tujunga, CA, 91042

^$ 2,195,000

Bedrooms10 Baths8.0 Sq 5,440

Monthly Estimate*

^$ 15,333

Listed by Riley Real Estate & Home Mortgage

10237 Commerce Avenue, Tujunga, CA 91042 - Image 1

10237 Commerce Avenue, Tujunga, CA 91042 - Image 2

10237 Commerce Avenue, Tujunga, CA 91042 - Image 3

10237 Commerce Avenue, Tujunga, CA 91042 - Image 4

10237 Commerce Avenue, Tujunga, CA 91042 - Image 5

10237 Commerce Avenue, Tujunga, CA 91042 - Image 6

10237 Commerce Avenue, Tujunga, CA 91042 - Image 7

10237 Commerce Avenue, Tujunga, CA 91042 - Image 8

10237 Commerce Avenue, Tujunga, CA 91042 - Image 9

10237 Commerce Avenue, Tujunga, CA 91042 - Image 10

10237 Commerce Avenue, Tujunga, CA 91042 - Image 11

10237 Commerce Avenue, Tujunga, CA 91042 - Image 12

10237 Commerce Avenue, Tujunga, CA 91042 - Image 13

10237 Commerce Avenue, Tujunga, CA 91042 - Image 14

10237 Commerce Avenue, Tujunga, CA 91042 - Image 15

10237 Commerce Avenue, Tujunga, CA 91042 - Image 16

10237 Commerce Avenue, Tujunga, CA 91042 - Image 17

10237 Commerce Avenue, Tujunga, CA 91042 - Image 18

10237 Commerce Avenue, Tujunga, CA 91042 - Image 19

10237 Commerce Avenue, Tujunga, CA 91042 - Image 20

Multi-Family Home for sale in Tujunga, CA

for $2,195,000 with 10 bedrooms and 8 full baths. This 5,440 square foot home was built in 1957 on a lot size of 0.25.

The Mom & Pop owned, 8 unit R3 zoned building is located in the Tujunga-Sunland burgeoning rental market. The 2 story building (5440 sf) rests on a 10,889 sf rectangular lot. This highly adaptable property is a great option for developers, housing providers, or owner/occupier with 2 recently renovated vacant units. (Following sample images are 1 Bed/1Bath Corner Units 1 & 5) The property has 12 parking spots (6 covered), 6 storage units, and a laundry facility for additional income opportunities. Easy property to maintain and owner has consistently fixed/repaired units and exteriors. All tenants are aware of sale and month to month. The apartment building is located just north of Foothill Boulevard and a short distance from stores and eateries located on the boulevard. Please do not go on the property without listing agent.

Multi-Family Active

Price

^$ 2,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MidCenturyModern

Lot Size

0.25

Year Built

1957

Town/City

Tujunga

County/Region

Los Angeles

MLS | Web ID

24375741

Days on Market

Features

General

Interior Features CeilingFans MultipleStaircases OpenFloorplan

Sewer SewerTapPaid

Heating NaturalGas WallFurnace

Cooling Electric

Possession CloseOfEscrow

Roof Composition Shingle

Appliances GasCooktop GasOven Refrigerator RangeHood VentedExhaustFan

Exterior Features RainGutters

Zoning LAR3

Patio/Porch Features None

Architectural Style MidCenturyModern

Pool Features None

Security Features CarbonMonoxideDetectors FireDetectionSystem SmokeDetectors

Year Built 1957

Tenant Pays CableTV Electricity Gas Insurance

View None

Stories 2

Levels Two

Gross Income 4304.0

County Los Angeles

Net Operating Income 117146.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction West

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Refer to Google Waze or Apple Maps.

City Tujunga

Disclosures RentControl

Entry Location Ground Level - no steps

View Y/N N

Senior Community Y/N N

Open Parking Spaces 6.0

Total Units 8

Lot Size Square Feet 10892.0

Private Pool N

Waterfront Y/N N

Carport Spaces 6.0

Carport Y/N Y

Number of Units Leased 6

Street Name Commerce

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition RepairsCosmetic

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Cap Rate 5.1

Interior

Flooring Carpet Laminate

Fireplace Features None

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Blinds BayWindows Drapes Screens

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features CommonArea

Total Bedrooms 10

Electric On Property Y/N N

Total Baths 8

Exterior

Parking Features Assigned Covered Carport DetachedCarport Driveway Oversized OneSpace SharedDriveway Storage

Lot Features Landscaped RectangularLot

Water Source Public

Total Parking 12.0

Lot Size Area 10892.0

Foundation Details Block

Number of Buildings 1

Spa N

Building Area Total 5440.0

Lot Dimensions 73x150

Lot Size Acres 0.25

Lot Size Units SquareFeet

Number of Separate Water Meters 0

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 10237

* Excluded Features

List By

Riley Real Estate & Home Mortgage

Broker

(323) 364-3405

Phone

Affordability Calculator

$15,333

Per Month

Monthly Principal & Interest: $15,333
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Tujunga, CA

Average List Price ^$2,171,900

Percent of Sale Price 1%

About Tujunga, CA

28,197 Population

7% Since 2002

^$55,815 Median Income

42.02 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$2,195,000		Listed Price

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10237 Commerce Avenue, Tujunga, CA, 91042 is a Multi-Family Home for sale at $2,195,000 with 5,440 sqft and a lot size of 0.25. 10237 Commerce Avenue has 10 bedrooms, 8.0 baths, and was built in 1957. The property's zip code is 91042 which is in Tujunga, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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10237 Commerce Avenue

Multi-Family Home for sale in Tujunga, CA

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