USACATujungaNot Applicable10039 Haines Canyon Ave
10039 Haines Canyon Ave | Image 1

$2,750,000

Sold

A year ago

10039 Haines Canyon Ave, Tujunga, CA

MLS® P1-19427

0 Bed

0 Bath

--

20 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1957
MLS® Number P1-19427

Property Address: 10039 Haines Canyon Ave, Tujunga, CA, 91042-2862

Average square foot calculated using Size range provided by listing agent.

Description

Located on Haines Canyon Avenue in Tujunga, California, this twelve unit apartment complex offers (2) - 6 unit buildings on a +/-17, 018 SF lot. With (12) - 2 bedroom / 1 bath units, an investor will have the opportunity to capture high rents in the +/-9, 588 SF building. Upon lease-up of the existing units, there is an additional rental upside of +/-40%.Built in 1953, the property is under Los Angeles RSO which currently allows owners to increase rents by up to 4% a year.Each unit is separately metered for gas and electricity. The owner currently pays for water, septic, and trash removal.Methods to increase the net operating income include the construction of accessory dwelling units in the rear portion of the property as well as adding washers and dryers back into the former laundry room. Furthermore, a new owner may take steps to relocate tenants to increase current rents to market rate.The asset is centrally located near Burbank, Glendale, and Pasadena allowing for a quick commute to some of the tri-cities best offerings.
MLS® NumberP1-19427
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1957
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

May 2, 2025End Date
$2,550,000Sold Price

Sold

Sep 27, 2024List Date
$2,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
10039 Haines Canyon Ave, Tujunga, CA

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