Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    10408 Fairgrove Avenue, Tujunga, CA 91042
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    10408 Fairgrove Avenue
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    • MLS#: GD24248778 ( Commercial/Residential )
    • Street Address: 10408 Fairgrove Avenue
    • Viewed: 13
    • Price: $1,899,950
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1938
    • Bldg sqft: 0
    • Days On Market: 107
    • Additional Information
    • County: LOS ANGELES
    • City: Tujunga
    • Zipcode: 91042
    • Provided by: Luxury Homes International
    • Contact: Eduard Eduard
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Assessments
    1. Buyer to Verify
    2. Unknown
    Association Fee
    1. 0.00
    Building Area Total
    1. 4462.00
    Carport Spaces
    1. 6.00
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Cooling
    1. Central Air
    2. Wall/Window Unit(s)
    Country
    1. US
    Days On Market
    1. 74
    Electric Expense
    1. 0.00
    Entry Location
    1. 1
    2. 2
    Flooring
    1. Laminate
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 6.00
    Heating
    1. Central
    Insurance Expense
    1. 0.00
    Laundry Equipment Own Lease
    1. Own
    Laundry Features
    1. Gas Dryer Hookup
    2. Washer Hookup
    Lockboxtype
    1. None
    Lot Features
    1. 6-10 Units/Acre
    Netoperatingincome
    1. 120000.00
    Parcel Number
    1. 2565001022
    Parking Features
    1. Assigned
    2. Boat
    3. Carport
    4. Attached Carport
    5. Detached Carport
    6. Direct Garage Access
    7. Driveway
    8. Gravel
    9. Driveway Up Slope From Street
    10. Garage
    11. Garage Faces Side
    12. Garage - Single Door
    13. Garage - Two Door
    14. Parking Space
    15. Private
    16. RV Access/Parking
    17. RV Potential
    18. See Remarks
    19. Side by Side
    20. Structure
    Pool Features
    1. None
    Postalcodeplus4
    1. 1904
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Septic Type Unknown
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428632259:CRM
    Tenant Pays
    1. All Utilities
    Totalactualrent
    1. 10150.00
    Totalexpenses
    1. 1800.00
    Trash Expense
    1. 0.00
    Uncovered Spaces
    1. 6.00
    Utilities
    1. Electricity Connected
    2. Sewer Connected
    Views
    1. 13
    Water Sewer Expense
    1. 1800.00
    Water Source
    1. Public
    Year Built
    1. 1938
    Year Built Source
    1. Public Records
    Zoning
    1. LAR1
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836