Tujunga, CA 91042,7137 Greeley Street
Tujunga, CA 91042,7137 Greeley Street
Tujunga, CA 91042,7137 Greeley Street
$2,070,000
Est. payment /mo
$2,150,000
3.7%
Est.Price: ?

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2 Beds
1 Bath
10,855 Sqft Lot
SOLD DATE : 09/28/2023

Key Details

Sold Price $2,070,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-14817

Sold Date 09/28/23

Bedrooms 2

HOA Y/N No

Lot Size 10,855 Sqft

Property Description

Located on Greeley Street in Tujunga, California, this property is a great investment for those looking for the opportunity pick their own tenants while gaining a strong cash-flow. With (8) - 2 Bed / 1 Bath Units with washer & dryer, a buyer will be given the opportunity to invest in a great unit mix in a growing sub-market. Five of eight units are currently vacant with three of the five vacant units offering renovated finishes. The property's current state allows for additional methods to increase overall through the utilization of a RUBS system to bill back tenants for a portion of the utilities (Buyer to verify). The building was built in 1940. But, was moved to the property in 1987. With a certificate of occupancy dated in 1988, there is a possibility of removing the asset from Los Angeles RSO (Buyer to Verify). Furthermore, with the existing lot area, there is possibility to build two ADU's (Buyer to Verify).
Located on Greeley Street in Tujunga, California, this property is a great investment for those looking for the opportunity pick their own tenants while gaining a strong cash-flow. With (8) - 2 Bed / 1 Bath Units with washer & dryer, a buyer will be given the opportunity to invest in a great unit mix in a growing sub-market. Five of eight units are currently vacant with three of the five vacant units offering renovated finishes. The property's current state allows for additional methods to increase overall through the utilization of a RUBS system to bill back tenants for a portion of the utilities (Buyer to verify). The building was built in 1940. But, was moved to the property in 1987. With a certificate of occupancy dated in 1988, there is a possibility of removing the asset from Los Angeles RSO (Buyer to Verify). Furthermore, with the existing lot area, there is possibility to build two ADU's (Buyer to Verify).

Location

State CA

County Los Angeles

Area Tujunga (91042)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs

Story 1

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash

Space Rent $1,962

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Casey Picard • Keller Williams Realty
Bought with Martin Lazarian • FIV REALTY CO

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agent

Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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