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Tina Lucarelli

[email protected] +1(310) 738-8089

Listed by Eduard Khachatryan • Luxury Homes International

$ 1,899,950

Est. payment -/mo

Save

Price Dropped by $96K

10408 Fairgrove Avenue Tujunga, CA 91042

4,462 SqFt

UPDATED:

02/26/2025 07:47 PM

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

Tina Lucarelli

Advisor | License ID: 02102354

+1(310) 738-8089

Tina Lucarelli

10408 Fairgrove Avenue Tujunga, CA 91042

Key Details

Location

Interior

Exterior

Building

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10408 Fairgrove Avenue