Presenting an exceptional investment opportunity nestled in the heart of Tujunga! Welcome to 10345 Pinyon Avenue, featuring a property of 7 residential units, 2 leased storages, and 4 leased garages. This property consists of a total of 3,934...
Presenting an exceptional investment opportunity nestled in the heart of Tujunga! Welcome to 10345 Pinyon Avenue, featuring a property of 7 residential units, 2 leased storages, and 4 leased garages. This property consists of a total of 3,934 square feet of living space. Positioned on a spacious 21,794 square foot lot (0.5 acres), this offering provides ample room for future development or expansion ventures. Each unit is meticulously designed to offer comfortable living arrangements tailored to diverse tenant needs. Additionally, 2 Ready-to-Issue (RTI) Accessory Dwelling Units (ADUs), each spanning 1,000 square feet, will be included with the property, with an opportunity to obtain a Junior ADU on the premises also. Notably, one unit is currently vacant and newly remodeled, poised to enhance the cap rate. Residential tenants have been issued letters for rent increases beginning April 1, 2024. Whether you're looking to diversify your investment portfolio or embark on a new venture, this property offers boundless potential for growth and prosperity. Don't miss out on this exceptional opportunity to make your mark in Tujunga's flourishing real estate landscape!
Listing Courtesy of JohnHart Real Estate, Email/Phone : 818-640-0208
The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
features
Parking
Garage
Community
Sidewalks
PROPERTY INFORMATION
Community Info
StreetLights, Sidewalks
Cooling
WallWindowUnits
Garage Info
4
Sewer
SepticTypeUnknown
Water
Public
EXTERIOR
Lot Description
Item01UnitAcre
ADDITIONAL INFORMATION
Number of Units
7
Listing Courtesy of JohnHart Real Estate, Email/Phone : 818-640-0208