10408 Fairgrove Avenue, Tujunga, CA 91042
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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
- DMCA Notice
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DescriptionSELLER 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.
Property Location and Similar Properties
Features
Assessments
- Buyer to Verify
- Unknown
Association Fee
- 0.00
Building Area Total
- 4462.00
Carport Spaces
- 6.00
Commoninterest
- None
Common Walls
- No Common Walls
Cooling
- Central Air
- Wall/Window Unit(s)
Country
- US
Days On Market
- 74
Electric Expense
- 0.00
Entry Location
- 1
- 2
Flooring
- Laminate
Fuel Expense
- 0.00
Garage Spaces
- 6.00
Heating
- Central
Insurance Expense
- 0.00
Laundry Equipment Own Lease
- Own
Laundry Features
- Gas Dryer Hookup
- Washer Hookup
Lockboxtype
- None
Lot Features
- 6-10 Units/Acre
Netoperatingincome
- 120000.00
Parcel Number
- 2565001022
Parking Features
- Assigned
- Boat
- Carport
- Attached Carport
- Detached Carport
- Direct Garage Access
- Driveway
- Gravel
- Driveway Up Slope From Street
- Garage
- Garage Faces Side
- Garage - Single Door
- Garage - Two Door
- Parking Space
- Private
- RV Access/Parking
- RV Potential
- See Remarks
- Side by Side
- Structure
Pool Features
- None
Postalcodeplus4
- 1904
Professionalmanagementexpense
- 0.00
Property Type
- Commercial/Residential
Sewer
- Septic Type Unknown
Sourcesystemid
- CRM
Sourcesystemkey
- 428632259:CRM
Tenant Pays
- All Utilities
Totalactualrent
- 10150.00
Totalexpenses
- 1800.00
Trash Expense
- 0.00
Uncovered Spaces
- 6.00
Utilities
- Electricity Connected
- Sewer Connected
Views
- 13
Water Sewer Expense
- 1800.00
Water Source
- Public
Year Built
- 1938
Year Built Source
- Public Records
Zoning
- LAR1