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10414 Kailua Lane

Tujunga, CA 91042
  • $1,875,000
  • STATUS: Active
  • ON SITE: 139 Days
  • ID#: GD23004884
UPDATED: 56 min ago
$1,875,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Jack Baboudjian of Baboudjian Properties Inc. (818-244-5151)


Description

A 1960s-built retro 6-unit apartment building located in Tujunga, CA with two stories. Zoning for the property is R3 on a large lot. The property is across the street from a beautiful city park with lots of nearby shops and eateries. The unit mix consists of six 2 bed 1 bath units. Each of the six units have spacious layouts with ample storage/closet space and natural light. Some of the units include upgrades like newer flooring and recessed lighting. There is also a pool and laundry facility on site. Property will not require soft-story retro-fitting. Total number of parking spaces is 6. Tenants pay for their unit's electricity and gas, while owner pays for water. Great opportunity to increase income for the property. Stable cash flow and easy to manage.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T13:31:20.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/135948517
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10414 Kailua Lane Tujunga, CA 91042

  • Price: $1,875,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 56 min ago
  • ID#: GD23004884
0
Beds
0
Baths
0
½ Baths
0.27
Acres
1960
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
A 1960s-built retro 6-unit apartment building located in Tujunga, CA with two stories. Zoning for the property is R3 on a large lot. The property is across the street from a beautiful city park with lots of nearby shops and eateries. The unit mix consists of six 2 bed 1 bath units. Each of the six units have spacious layouts with ample storage/closet space and natural light. Some of the units include upgrades like newer flooring and recessed lighting. There is also a pool and laundry facility on site. Property will not require soft-story retro-fitting. Total number of parking spaces is 6. Tenants pay for their unit's electricity and gas, while owner pays for water. Great opportunity to increase income for the property. Stable cash flow and easy to manage.
Exterior Features

Lot Features Cul-De-SacFront YardLandscapedNear Park Number Of Separate Electric Meters 7 Open Parking Spaces 6 Parking Features Assigned Parking Total 6 Pool Features FencedIn GroundPrivate Pool Private YN Yes Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4 Common Interest None Community Features Park Electric Expense 0 Fuel Expense 2733 Garage YN No Gross Income 119662 Gross Scheduled Income 119662 Insurance Expense 1626 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 6660 Net Operating Income 75030 New Construction YN No New Taxes Expense 22500 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 44632 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3134 Water Sewer Expense 6333 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-05-30T13:31:20.597. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Jack Baboudjian of Baboudjian Properties Inc. (818-244-5151)