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Tujunga, CA 91042 10237 Commerce Avenue

$2,195,000

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Presented By: Alicia Brockwell with Riley Real Estate & Home Mortgage;
  • MLS# 24375741
  • 04/09/2024
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 8
  • FootageSQFT • 5,440
  • GarageGarage • 1

Home Details

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.
Presented By: Alicia Brockwell with Riley Real Estate & Home Mortgage;

Interior Features for 10237 Commerce Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2
Window FeaturesBlinds, BayWindows, Drapes, Screens

General for 10237 Commerce Avenue

Additional Parcels Y/NNo
AppliancesGasCooktop, GasOven, Refrigerator, RangeHood, VentedExhaustFan
Architectural StyleMidCenturyModern
Attached Garage No
Cap Rate5.1
Carport Spaces6.0
Carport Y/NYes
CityTujunga
CoolingElectric
CountyLos Angeles
Days on Market8
DirectionsRefer to Google, Waze, or Apple Maps.
DisclosuresRentControl
Entry LocationGround Level - no steps
Exterior FeaturesRainGutters
Facing DirectionWest
Garage Y/NNo
Gross Income4304.0
HOA / Comm AssnNo
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Interior FeaturesCeilingFans, MultipleStaircases, OpenFloorplan
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet10892.0
MobileHomeRemainsYNNo
Net Operating Income117146.0
New ConstructionNo
Number of Units Leased6
Occupancy DescriptionTenant
Open Parking Spaces6.0
Patio/Porch FeaturesNone
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionRepairsCosmetic
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameCommerce
Tenant PaysCableTV, Electricity, Gas, Insurance
Total Units8
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1957
ZoningLAR3

Exterior for 10237 Commerce Avenue

Building Area Total5440.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions73x150
Lot FeaturesLandscaped, RectangularLot
Lot Size Acres0.25
Lot Size Area10892.0
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned, Covered, Carport, DetachedCarport, Driveway, Oversized, OneSpace, SharedDriveway, Storage
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,195,000
MLS#24375741
List Date 04/09/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors