CA > Tujunga
Tujunga, CA 91042,10237 Commerce Ave
Tujunga, CA 91042,10237 Commerce Ave
Tujunga, CA 91042,10237 Commerce Ave
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$1,995,000
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10 Beds
8 Baths
5,440 SqFt
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10237 Commerce Ave Tujunga, CA 91042

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Oscar Veloz

Oscar Veloz

+1(702) 901-1855

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,440 sqft

Price per Sqft $366

MLS Listing ID 25520697

Bedrooms 10

Year Built 1957

Tax Year 2024

Lot Size 0.250 Acres

Acres 0.25

Property Sub-Type Multi-Family

Property Description

Presenting a turn key fully leased, well-maintained 8-unit multifamily asset offering immediate cash flow and significant upside potential. The unit mix consists of six (1-bed/1-bath) and two (2-bed/1-bath) apartments, with multiple units recently renovated to include stainless steel appliances, updated flooring, full bathroom remodels, new recessed lighting, upgraded AC units, and carport with storage lockers. The property is thoughtfully upgraded for investor peace of mind with new electrical panels, water-conserving plumbing and fixtures, security doors, renovated carport, vigilant brush clearance, and full insurance coverage through 2025. On-site amenities include a modernized laundry room equipped with new Speed Queen machines generating additional income, 13 parking spaces 6 of which are covered and 7 open spaces, with additional monthly rental income from surplus parking. Strategically located with excellent freeway access and proximity to Glendale, Pasadena,and Burbank, the property sits on a deep 10,892 sq ft rectangular lot, offering potential for future development of a larger exempt building (buyer to verify). With a high projected rent upside on unit turnover in 2025-2026, this asset presents a compelling value-add opportunity in a high-demand rental market. The apartment building is located just north of Foothill Boulevard and a short distance from stores and eateries located on the boulevard. Please do not go on the property without listing agent.

Location

State CA

County Los Angeles

Area Sunland Tujunga

Zoning LAR3

Interior

Heating Natural Gas, Wall

Laundry Community, Laundry Area

Exterior

Garage Spaces 13.0

Roof Type Composition Shingle

Building

Story 2

Water District

Structure Type Hard Coat, Concrete

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Realty Los Feliz

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agent

Oscar Veloz

Realtor | RE.S.0184836

+1(702) 901-1855

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10237 Commerce Ave