Thank you
Raffi Soualian
JohnHart Real Estate
818-246-1099
Avenue! Currently offering four units with a total of 5 bedrooms and 5 bathrooms, this property provides 2,649 square feet of living space on an expansive 12,009 square foot lot. Beyond the existing units, there is substantial development potential, architectural drawings are complete and have been submitted allowing for the construction of 19 additional units and 2 ADU units, creating a grand total of 21 units on this generous lot. This represents an excellent value-added opportunity. It's worth noting that the adjacent space has already been developed and sold for over 18M, underscoring the investment potential. At the close of escrow, two out of the four units will be delivered vacant, further enhancing flexibility and income potential. Located in the heart of Tujunga, this property enjoys central proximity to schools, shopping centers, and dining establishments. Don't miss this exceptional opportunity for multifamily investment!
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1046624580 | 1 | 1 | 1 | 0 |
2 | 1046624580 | 2 | 2 | 2 | 0 |
3 | 1046624580 | 1 | 1 | 1 | 0 |
4 | 1046624580 | 1 | 1 | 1 | 0 |
Water Source : Public
Sewer : Unknown
Year Built: 1952
Building Area Total: 2,649
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2757
Lot Size Source: Assessor
Lot Size Square Feet: 12009
Original List Price: 1,299,000
Listing Contract Date: 2023-10-24
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2565013039
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
Source Listing Status: Active
Source Neighborhood: 659 - Sunland/Tujunga
Postal Code Plus 4: 2230
Directions: In between: Apperson St and Valmont St on Hillhaven Ave
Source Property Type: Residential Income
Area: 659 - Sunland/Tujunga
Property SubType: Quadruplex
Property Age: 72
Common Walls: 1 Common Wall
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front door
Property Attached: Yes
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6449 6463 Valmont Street, Tujunga, CA,91042 | $2,800,000 | 2 | 1 | 1,152 | 65384 Sqft |
La Tuna Canyon Road, Tujunga, CA,91042 | $297,000 | -- | -- | -- | 878970 Sqft |
Highcliff Trail, Tujunga, CA,91042 | $65,000 | -- | -- | -- | 1775 Sqft |
Highcliff Trail, Tujunga, CA,91042 | $45,000 | -- | -- | -- | 2486 Sqft |
Highcliff Trail, Tujunga, CA,91042 | $65,000 | -- | -- | -- | 2643 Sqft |
6910 Parsons Trail, Tujunga, CA,91042 | $224,000 | -- | -- | -- | 20446 Sqft |
7555 La Tuna Canyon Road, Tujunga, CA,91042 | $2,500,000 | -- | -- | -- | 2306502 Sqft |
7359 Tranquil Drive, Tujunga, CA,91042 | $75,000 | -- | -- | -- | 6688 Sqft |
Tranquil Drive, Tujunga, CA,91042 | $90,000 | -- | -- | -- | 3441 Sqft |
6463 Valmont Street, Tujunga, CA,91042 | $2,800,000 | -- | -- | -- | 65384 Sqft |
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ByOwner last updated this listing 05/22/2024 @ 14:03
MLS: GD23202180
LISTED BY: Raffi Soualian, JohnHart Real Estate
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.