Los Angeles, CA 91042,10108 Fernglen Avenue AVE
Los Angeles, CA 91042,10108 Fernglen Avenue AVE
Los Angeles, CA 91042,10108 Fernglen Avenue AVE
$1,290,000
Est. payment /mo
Est.Price: ?

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9,474 Sqft Lot
SOLD DATE : 06/25/2024

Key Details

Sold Price $1,290,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-16837

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

Fireplaces Type None

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway, Paved

Fence None

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Building

Lot Description Sprinklers None

Story One

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Paola Portillo • Sync Brokerage
Bought with Gayane Arakelyan • Coldwell Banker Hallmark

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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