10219 Commerce, Tujunga, CA 91042
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
10219 Commerce,Tujunga, CA 91042
$6,500,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:levon alexanian
Office:keller williams world media center
MLS#:SR25207289
Source:San Diego MLS via CRMLS
Price summary
- Price:$6,500,000
About this home
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 revenue via ADU conversion? Buyer to verify. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Just 3 miles to the Angelus National Golf Club.
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Home facts
- Listing ID #:SR25207289
- Added:1 day(s) ago
- Updated:September 10, 2025 at 10:13 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Finances and disclosures
- Price:$6,500,000