Clean Excellent Tujunga Location, Well Run Building, Very Low Vacancy Rate, Building Full for Over 7 Years, Good Units with Good Floor Plans. 8 Units are 2+2, 4 units are 2+1.75, 1 Unit is 2+2.5 #7 Managers Units is a Townhouse Style. Drive by First Then Call L/O May be able to Preview a couple units. Buyer to Cooperate with Seller in 1031 Exchange.
Multi-familyProperty Type
1987Year Built
10,367 sq ftLot Size
$104Price/Sq.Ft.
Listed by Rick Barnes•DRE #00552333• Real Estate One
Listed by Margie Barnes•DRE #00686891• Real Estate One
Bought with Rick Barnes•DRE #00552333• Real Estate One
LOCATED IN TUJUNGA, SPACIOUS 13 UNIT BUILDING WITH GREAT UPSIDE POTENTIAL! POSSIBLE CONDO CONVERSION OPPORTUNITY, BUILDING BUILT IN 1987 WITH NO RENT CONTROL. ALL 13 UNITS ARE 2 BEDROOMS EACH. BUILDING HAS 26 GATED PARKING SPACES.
CRMLS #Z600691
Mar 30, 2006
Listing Removed
—
Jan 31, 2006
Listed
$2,275,000
$175/sq ft
CRMLS #W506755
Jan 25, 2006
Listing Removed
—
Oct 28, 2005
Listed
$2,400,000
$185/sq ft
CRMLS #12024913
Jan 13, 2004
Sold
$1,350,000
$104/sq ft
Public Records
Jun 25, 1991
Sold
$875,000
$67/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$24,840 (+1.7%)
$995,247 + $924,159
$1,919,406
2024
$24,421 (+1.9%)
$995,247 + $924,159
$1,919,406
2023
$23,973 (+4.6%)
$975,733 + $906,039
$1,881,772
2022
$22,908 (+1.5%)
$956,601 + $888,274
$1,844,875
2021
$22,568 (−0.9%)
$937,845 + $870,857
$1,808,702
2020
$22,777 (+3.9%)
$919,456 + $853,782
$1,773,238
2019
$21,921 (+0.9%)
$910,029 + $845,028
$1,755,057
2018
$21,721 (+2.3%)
$892,186 + $828,459
$1,720,645
2017
$21,226 (+2.9%)
$857,543 + $796,290
$1,653,833
2016
$20,625 (+1.4%)
$857,543 + $796,290
$1,653,833
2015
$20,338 (−0.7%)
$840,729 + $780,677
$1,621,406
2014
$20,478 (−1.3%)
$811,880 + $753,889
$1,565,769
2012
$20,752 (+3.0%)
$808,211 + $750,482
$1,558,693
2011
$20,148 (−1.0%)
$792,364 + $735,767
$1,528,131
2010
$20,358 (+3.7%)
$776,828 + $721,341
$1,498,169
2009
$19,630 (+4.3%)
$771,023 + $715,950
$1,486,973
2008
$18,827
$772,855 + $717,651
$1,490,506
Tax history for 10120 Commerce
Year
Property tax
Land + Additions
Assessment*
2025
$24,840 (+1.7%)
$995,247 + $924,159
$1,919,406
2024
$24,421 (+1.9%)
$995,247 + $924,159
$1,919,406
2023
$23,973 (+4.6%)
$975,733 + $906,039
$1,881,772
2022
$22,908 (+1.5%)
$956,601 + $888,274
$1,844,875
2021
$22,568 (−0.9%)
$937,845 + $870,857
$1,808,702
2020
$22,777 (+3.9%)
$919,456 + $853,782
$1,773,238
2019
$21,921 (+0.9%)
$910,029 + $845,028
$1,755,057
2018
$21,721 (+2.3%)
$892,186 + $828,459
$1,720,645
2017
$21,226 (+2.9%)
$857,543 + $796,290
$1,653,833
2016
$20,625 (+1.4%)
$857,543 + $796,290
$1,653,833
2015
$20,338 (−0.7%)
$840,729 + $780,677
$1,621,406
2014
$20,478 (−1.3%)
$811,880 + $753,889
$1,565,769
2012
$20,752 (+3.0%)
$808,211 + $750,482
$1,558,693
2011
$20,148 (−1.0%)
$792,364 + $735,767
$1,528,131
2010
$20,358 (+3.7%)
$776,828 + $721,341
$1,498,169
2009
$19,630 (+4.3%)
$771,023 + $715,950
$1,486,973
2008
$18,827
$772,855 + $717,651
$1,490,506
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
26
Baths
27
Stories
—
Lot width
—
Lot depth
—
Lot size
10,385 Sq. Ft.
Year renovated
1987
Sq. Ft.
12,988
Year built
1987
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2565014121
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
Jan 9, 2004 • Final
Plumbing
Install new equipment valves.
Gas
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Cooling Information
Central
Has Cooling
Heating Information
Forced Air
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11244596
Listing Key Numeric: 368650803
Unit Type 2 Information
Unit Key Numeric: 11244597
Listing Key Numeric: 368650803
Unit Type 3 Information
Listing Key Numeric: 368650803
Unit Key Numeric: 11244598
Unit Type 4 Information
Listing Key Numeric: 368650803
Unit Key Numeric: 11244599
Unit Type 5 Information
Unit Key Numeric: 11244600
Listing Key Numeric: 368650803
Unit Type 6 Information
Listing Key Numeric: 368650803
Unit Key Numeric: 11244601
Unit Type 7 Information
Unit Key Numeric: 11244602
Listing Key Numeric: 368650803
Unit Type 8 Information
Unit Key Numeric: 11244603
Listing Key Numeric: 368650803
Unit Type 9 Information
Unit Key Numeric: 11244604
Listing Key Numeric: 368650803
Unit Type 10 Information
Unit Key Numeric: 11244605
Listing Key Numeric: 368650803
Expenses
Fuel Expense: $5,000
Trash: $1,800
Total: $63,750
Maintenance: $16,000
Insurance: $2,500
Water Sewer: $9,000
Multi-Unit Information
# of Units With Range: 13
# of Units With Drapes: 13
# of Units With Disposal: 13
# of Units With Dishwasher: 13
# of Units With Carpet: 13
Net Operating Income: $61,096
Average 2 Bed Area: 1,000
Total Building Area: 12,988
Gross Scheduled Income: $120,396
Gross Operating Income: $120,396
Gross Equity: $1,500,000
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 14
# Of Separate Electric Meters: 14
# Of Buildings: 1
Operating Expense Percent: $46
Vacancy Allowance: 0
Exterior
Exterior Information
Roof: Composition
Construction Materials: Frame
Lot Information
Land Value: $269,100
Lot Size Source: Public Records
Property Information
Total # of Units: 13
Parcel Number: 2565014121
Personal Property Amount: 0
Personal Property Percent: 0.00
Financial
Lease / Rental Details
Operating Expense: $59,300
Utilities
Utilities Information
Sewer: Sewer Paid
Water Source: District/Public
Location
Location Information
Latitude: 34.25292900
Longitude: -118.28827600
Directions: 2 Blocks North of Foothill Blvd @ Corner of Valmont and Commerce Ave
Zoning: R3
Public facts
Beds: 26
Baths: 27.0
Sq. Ft.: 12,988
Stories: —
Lot Size: 10,385 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1987
Year Renovated: 1987
County: Los Angeles County
APN: 2565014121
Home facts updated by county records on Sep 21, 2026
Other
Listing Agent Information
List Agent First Name: Rick
List Agent Last Name: Barnes
Co-List Agent First Name: Margie
Co-List Agent Last Name: Barnes
Listing Office Information
List Office Name: Real Estate One
Co-List Office Name: Real Estate One
Selling Agent Information
Buyer Agent First Name: Rick
Buyer Agent Last Name: Barnes
Selling Office Information
Buyer Office Name: Real Estate One
Around this home
Schools
Pinewood Avenue Elementary School
Public K-5 • Assigned • 0.2mi
7/10
Mt. Gleason Middle School
Public 6-8 • Assigned • 1.4mi
7/10
Verdugo Hills Senior High School
Public 9-12 • Assigned • 0.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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