7244 Tujunga Avenue, North Hollywood, CA 91606

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List Price
$980,000
Status
ACTIVE
MLS#
SR26204912
Year Built
1954
Lot Size
6,501
Acres
0.15
Lot Location
2-5 Units/Acre
Days on Market
20
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Prime Central Location with Excellent Investment Potential! This centrally located triplex offers a unique opportunity for investors, owner-users, or those looking to maximize a property’s potential. The property features three separate units: a spacious 3-bedroom, 1-bath, a 2-bedroom, 1-bath, and a 1-bedroom, 1-bath unit, providing a versatile mix of rental options. Adding to the appeal is a detached 3-car garage with a former laundry room, offering valuable storage, workspace, or potential for future use. The property also appears to have the potential for an additional detached dwelling, subject to city approval, zoning, and applicable building requirements. With multiple units, ample parking, a detached garage, and potential for future expansion, this property offers lots of possibilities and upside in a convenient central location. A great opportunity to explore the property's current income potential while considering future improvements or development.

Additional Information

Taxes
$1,977
Pool Description
None
Heat
Forced Air
Cooling Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$54,864
Operating Expense
9500

Listing courtesy of Listing Agent: Gudelia Portillo (deliaportillo@yahoo.com) from Listing Office: Equity Union.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.