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10108 Fernglen Avenue AVE Los Angeles, CA 91042
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Key Details
Sold Price $1,290,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-16837
Sold Date 06/25/24
HOA Y/N No
Year Built 1940
Lot Size 9,474 Sqft
Property Description
Introducing a prime investment opportunity in Tujunga, RD1 Zoned commercial property comprising three buildings, each featuring two units, totaling six units ideal for investors. Four units are currently leased on a month-to-month basis, while two units have been meticulously renovated and three units will be delivered vacant for the new owner to set the market rent. The 2 vacant units offers contemporary living spaces with modern finishes, including sleek cabinetry, quartz countertops, alongside comfortable bedrooms with ample closet space. Updated bathrooms feature contemporary fixtures, and laundry facilities are conveniently located within each unit. Outside, tenants can enjoy a stunning mountain views. With its income potential and prime location, this property promises strong returns and long-term growth prospects, making it an attractive investment opportunity for savvy buyers looking to expand their portfolio or start their real estate journey. Don't miss out on this rare chance to own an investment property in a highly desirable location - schedule a viewing today!
Location
State CA
County Los Angeles
Area 659 - Sunland/Tujunga
Interior
Interior Features Quartz Counters, Tandem
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Driveway, Paved
Fence None
Pool None
Community Features Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers None
Story One
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 2558023039
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Gayane Arakelyan • Coldwell Banker Hallmark