Property Details
About this Property
We are pleased to present this unique 24 units + 2 n.c investment opportunity in the emerging market of Tujunga Ca. Max state allowable increases (ab 1482) - no RSO. The 2 building portfolio was built in 1987, located on the same street just a couple buildings apart, comprised of (12) 2+2s & (12) 1+1s all with central AC, fireplaces, enclosed garages. Both buildings have a large storage space that already has kitchens and bathrooms which are not currently occupied. An astute investor will realize that effectively there is 26 units without the requirement of an onsite manager with a market cap rate of 7.3%. Furthermore the enclosed garages might potential offer additional revenue via ADU conversion? Buyer to verify. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Just 3 miles to the Angelus National Golf Club.
MLS Listing Information
MLS #
CRSR25207289
MLS Source
California Regional MLS
Days on Site
9
Parking, School, and Other Information
Garage/Parking
Garage: 10 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
10219 Commerce is a Residential Income in Tujunga, CA 91042. This – square foot property sits on a 20,746 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,500,000 and was built in 1987. This address can also be written as 10219 Commerce, Tujunga, CA 91042.
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This listing information is up-to-date as of September 09, 2025. For the most current information, please contact Levon Alexanian, (818) 239-1206
