Huge Price Reduction!Two Charming homes surrounded by beautiful mountains situated in the heart of Tujunga in a residential area. First time for sale in over 30 years. These homes built on 2 separate parcel of lots with different Tax ID's at 10322 and 10326 Plainview Ave. The potential and possibilities for these 2 properties is endless and it is ideal for extended families, investors or individuals who have the vision for remodeling , expanding , addition or adding an ADU''s. Both properties need TLC. 10322 Plainview parcel #2558009006 features 1,059 sq ft of living area, 4,890 sq. ft. lot, 2 bedrooms, 1 bathroom, large living room with formal dinning room, kitchen, laundry room, central air and heat. 10326 Plainview parcel# 258009007 features 628 sq ft living area, 4,980 sq ft lot, 2 bedrooms,1 bathroom, living room, spacious kitchen and small basement. Opportunity knocks once! This unique property offers 2 houses with good size flat lots and tremendous possibilities. Don't miss it!
Located on Haines Canyon Avenue in Tujunga, California, this twelve unit apartment complex offers (2) - 6 unit buildings on a +/-17,018 SF lot. With (12) - 2 bedroom / 1 bath units, an investor will have the opportunity to capture high rents in the +/-9,588 SF building. Upon lease-up of the existing units, there is an additional rental upside of +/-40%.Built in 1953, the property is under Los Angeles RSO which currently allows owners to increase rents by up to 4% a year.Each unit is separately metered for gas and electricity. The owner currently pays for water, septic, and trash removal.Methods to increase the net operating income include the construction of accessory dwelling units in the rear portion of the property as well as adding washers and dryers back into the former laundry room. Furthermore, a new owner may take steps to relocate tenants to increase current rents to market rate.The asset is centrally located near Burbank, Glendale, and Pasadena allowing for a quick commute to some of the tri-cities best offerings.
Tujunga is located in California.
