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Listed by: Arthur Mangassarian (818) 549-9000 DRE #00751703, Toma Barseghian DRE #01503467 | Re/Max Tri-City Realty (818) 409-0040
$1,590,000
5 Beds
- 3 Baths
3,225sqft
6938 6940 Foothill, Tujunga, CA 91042
$1,590,000
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Apartment
Built in 1928
$-- HOA
12,119 sqft lot
$493/sq.ft
Description
Unlock incredible versatility and strong cash flow with this premier eight-unit mixed-use property situated on high-visibility commercial land. Boasting one hundred feet of premium street frontage, this unique asset features four residential units and four storefront retail spaces. It offers an ideal setup for an investor seeking a diversified income stream, or an owner-user looking to occupy the front retail spaces or residential quarters while letting the remaining units subsidize the mortgage.
Beyond its immediate income-generating power, the property offers exceptional value-add and redevelopment upside. Investors can choose to remodel the existing structures, utili...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1928
HOA Fees
-
Finished Area
3,225 sqft
Lot Size
12,119 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
GD26158707
MLS Status
Active
Days on Market
37
Cumulative Days on Market
28
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