10408 Fairgrove Ave - Apartments FOR SALE


Tujunga, CA 91042
$1,995,950 USD
818-484-8008
10408 Fairgrove Ave, Tujunga, CA for Sale
$1,995,950 USD
Apartments - FOR SALE
1/31
null | 6.04% Cap Rate

10408 Fairgrove Ave
Tujunga, CA 91042


OVERVIEW

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 on the second floor and a 2 X 2 car garage and a studio unit on the first floor. The second structure has a 1 Bedroom 1 Bathroom, the third structure has another 1 Bedroom 1 Bathroom and the front house has a 2 Bedroom 2. Bathroom with a nice attached one car garage with direct access that can be used as an office, bedroom or a nice workspace for artists or content creators. There is a detached garage at the end of the property that might be converted to another 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. For questions and offers email GlendaleBroker@gmail.com

FOR SALE DETAILS

PRICE

$1,995,950 USD

PRICE/SF

$447 USD /SF

# OF UNITS

6

PRICE/UNIT

$332,658

CAP RATE

6.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ADD VALUE OPPORTUNITY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

LAR1

APN/PARCEL ID

2565-001-022

ASK ABOUT THIS PROPERTY

Eduard KhachatryanGlobal Equity PartnersMore Info
818-484-8008

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Eduard KhachatryanGlobal Equity PartnersMore Info
818-484-8008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.