10408 Fairgrove Avenue Active Save Request In-Person Tour Request Virtual Tour
Tujunga,CA 91042
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,462 sqft
Price per Sqft $425
MLS Listing ID GD-24248778
Year Built 1938
Lot Size 0.581 Acres
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
Zoning LAR1
Interior
Heating Central
Cooling Central Air,Wall/Window Unit(s)
Flooring Laminate
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Parking Features Driveway Up Slope From Street,Garage,Garage - Single Door,Garage - Three Door,Garage - Two Door,Garage Faces Side,Gravel,Parking Space,Private,RV Access/Parking,RV Potential,Side by Side,Structure,See Remarks,Assigned,Attached Carport,Boat,Carport,Detached Carport,Direct Garage Access,Driveway
Garage Spaces 6.0
Pool None
Community Features Biking,Sidewalks,Suburban
Utilities Available Sewer Connected,Electricity Connected
Building
Lot Description 6-10 Units/Acre
Sewer Septic Type Unknown