Tujunga, CA 91042,10408 Fairgrove AVE
Tujunga, CA 91042,10408 Fairgrove AVE
Tujunga, CA 91042,10408 Fairgrove AVE
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$1,899,950
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0.58 Acres Lot
Price Dropped by $96K

10408 Fairgrove AVE Tujunga, CA 91042

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UPDATED:

02/18/2025 08:29 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24248778

HOA Y/N No

Year Built 1938

Lot Size 0.581 Acres

Property Sub-Type Mixed Use

Property Description

SELLER FINANCING MAY BE POSSIBLE WTH 20% DOWN PAYMENT BALANCE CARRIED AT 6% ANNUAL
Amazing 6 unit income property in a nice street of Tujunga built on almost 26,000 sq ft of land.
Potential great add value opportunity not to be missed.

The 2 story detached property consists of 2 X 1 Bed 1 Bath Unit Rented for $1,092 and $1,196 (total $2,288) on the second floor and a 2 X 2 car garage and a Studio Unit on the first floor Rented for $1,092.

The second structure has a 1 Bedroom 1 Bathroom Rented for $1,768 , the third structure has another 1 Bedroom 1 Bathroom Rented for $2,100 and the front house has a 2 Bedroom 2 Rented for $3,500.
There is a detached garage at the end of the property that is rented for $500 a month and might be converted to another residential unit for more rental income. Almost all units have washer dryer hookups for convenience.
Property has storage area on the property that can be leased for more income. Long, wide solar lighted driveway with plenty of parking at the end. Plenty of carports for additional cars and even an RV or a boat.
Property has a huge space at the front and the back with more room to add more possible rental units, house, ADU or a storage as a source of additional income. Overall property currently generated about $11,250 a month in rental income.
Rents are below market and there is room for increase.

Location

State CA

County Los Angeles

Area 659 - Sunland/Tujunga

Zoning LAR1

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Attached Carport, Assigned, Boat, Carport, Door-Multi, Detached Carport, Direct Access, Door-Single, Driveway, Driveway Up Slope From Street, Garage, Gravel, Private, RV Potential, RV Access/Parking, One Space, Community Structure, Garage Faces Side, See Remarks, Side By Side

Garage Spaces 6.0

Carport Spaces 6

Garage Description 6.0

Pool None

Community Features Biking, Suburban, Sidewalks

Utilities Available Electricity Connected, Sewer Connected

Total Parking Spaces 18

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Septic Type Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 2565001022

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Eduard Khachatryan • Luxury Homes International • glendalebroker@gmail.com

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agent

Rose Tausaga

Agent | License ID: 01987052

+1(619) 764-2365

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10408 Fairgrove AVE