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Key Details
Sold Price $1,070,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23199143
Sold Date 01/18/24
Bedrooms 5
HOA Y/N No
Lot Size 0.276 Acres
Property Description
Wonderful opportunity for an owner-user or investor to acquire a four (4) unit property in a prime Tujunga location; the property is comprised of four (4) freestanding buildings including 1 - two (2) bedroom/one (1) bathroom unit with basement (accessed from outside the house) and 3 - one (1) bedroom/one (1) bathroom units; the two (2) bedroom unit is in need of a full-scale, cosmetic renovation; the units are separately metered for electricity and gas; the large lot and favorable zoning allow for the construction of additional units or even a new, ground-up construction project (Buyer to perform its own investigation as to the feasibility of the various scenarios); as currently configured, the property provides abundant surface parking; located near Foothill Boulevard which is home to a number of restaurants, retail shops and services (Vons, Ralphs, Albertsons, Smart & Final, CVS, Rite Aid, 711, Starbucks, Chase, Wells Fargo, Bank of America, El Pollo Loco, Original Tommy's, AutoZone)
Wonderful opportunity for an owner-user or investor to acquire a four (4) unit property in a prime Tujunga location; the property is comprised of four (4) freestanding buildings including 1 - two (2) bedroom/one (1) bathroom unit with basement (accessed from outside the house) and 3 - one (1) bedroom/one (1) bathroom units; the two (2) bedroom unit is in need of a full-scale, cosmetic renovation; the units are separately metered for electricity and gas; the large lot and favorable zoning allow for the construction of additional units or even a new, ground-up construction project (Buyer to perform its own investigation as to the feasibility of the various scenarios); as currently configured, the property provides abundant surface parking; located near Foothill Boulevard which is home to a number of restaurants, retail shops and services (Vons, Ralphs, Albertsons, Smart & Final, CVS, Rite Aid, 711, Starbucks, Chase, Wells Fargo, Bank of America, El Pollo Loco, Original Tommy's, AutoZone)
Location
State CA
County Los Angeles
Area Tujunga (91042)
Zoning Assessor
Building
Story 1
Others
Acceptable Financing Cash
Space Rent $980
Listing Terms Cash
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Bought with Walter Bagramyan • Glencore Properties