10408 Fairgrove Avenue
Tujunga, CA 91042
$96,000.00 (-4.81%)
Active for $1,899,950
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 25,308 sqft
| MLS | GD24248778 |
| Year Built | 1938 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $1,899,950 |
| Structure Size | N/A sqft |
| Lot Size | 25,308 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Eduard Khachatryan, Luxury Homes International 818-484-8008. *Based on information from the Association of REALTORS/Multiple Listing as of 03/15/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Tadde Matossian
REALTOR®
Direct: 818.642.9327
Email: Email Me
DRE: 02057312
DRE #01873088
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