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Listed by: Levon Alexanian (818) 239-1206 DRE #00911091 | Keller Williams World Media Center (818) 239-3500
$6,500,000
3 Beds
- 3 Baths
--sqft
10219 Commerce, Tujunga, CA 91042
$6,500,000
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Apartment
Built in 1987
$-- HOA
20,746 sqft lot
--/sqft
Description
We are pleased to present this unique 24 units + 2 n.c investment opportunity in the emerging market of Tujunga Ca. Max state allowable increases (ab 1482) - no RSO. The 2 building portfolio was built in 1987, located on the same street just a couple buildings apart, comprised of (12) 2+2s & (12) 1+1s all with central AC, fireplaces, enclosed garages. Both buildings have a large storage space that already has kitchens and bathrooms which are not currently occupied. An astute investor will realize that effectively there is 26 units without the requirement of an onsite manager with a market cap rate of 7.3%. Furthermore the enclosed garages might potential offer additional...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
- sqft
Lot Size
20,746 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25207289
MLS Status
Active
Days on Market
143
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