Trust sale. Reduced for immediate sale. 6.18 CAP Rate and 11.087 Gross multiplier. This incredible property comprises 8 units, featuring 8 two-bedroom units with 16 parking spaces. All units are currently leased, with rents ranging from $1,750.00 to $2,000.00. Tujunga has recently experienced a lots of migration from Glendale and La Crescenta. This has led to a appreciation in property prices, a trend that has persisted and grown annually. While numerous new apartment constructions, primarily condominiums, have emerged, the high demand for rentals, coupled with a limited supply of available units, has driven a notable increase in rental rates, reaching up to 40%. The property is being sold as trust sale and is not subject to court approval. Opportunity to build ADU in the back of the lot
Multi-familyProperty Type
1945Year Built
9,967 sq ftLot Size
$375Price/Sq.Ft.
16 spacesParking
Listed by Arthur Mangassarian•DRE #00751703• Re/Max Tri-City Realty
Bought with Arthur Mangassarian•DRE #00751703• Re/Max Tri-City Realty
*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
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
9,971 Sq. Ft.
Year renovated
1979
Sq. Ft.
2,776
Year built
1945
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2565009081
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Dec 19, 2011 • Final
Electrical
Remove and replace an electrical subpanel.
Electrical
Oct 5, 2010 • Final
Bldg-addition
Construct a first floor addition to expand the existing laundry and water heater room for an apartment building.
Addition
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
Parking
Parking / Garage Information
Uncovered Spaces: 16
# of Parking Spaces: 16
Interior
Laundry Information
Has Laundry
Area
Interior Features
Entry Level: 1
Entry Location: 1
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11707636
Listing Key Numeric: 371963724
Actual Rent: $16,000
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 16
Furnished: Unfurnished
Total Rent: $192,000
Total # of Units: 8
Expenses
Trash: $3,600
Total: $47,232
Insurance: $2,856
Water Sewer: $7,856
Gardener: $1,200
Multi-Unit Information
Net Operating Income: $138,752
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 5,800
Gross Scheduled Income: $191,736
Gross Operating Income: $185,984
Gross Multiplier: 11.87
Gross Income: $191,736
Laundry Income: $100
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 8
# Of Separate Electric Meters: 8
# Of Buildings: 2
Vacancy Allowance Rate: 3
Vacancy Allowance: 5752
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 8
Common Walls: 1 common wall
Parcel Number: 2565009081
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $47,232
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 34.25849300
Longitude: -118.28890300
Directions: Lowell North to Foothill left turn right on Commerce
Zoning: LARD2
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 2,776
Stories: —
Lot Size: 9,971 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1945
Year Renovated: 1979
County: Los Angeles County
APN: 2565009081
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 17
Continuous Days Active in MLS: 52
Listing Agent Information
List Agent First Name: Arthur
List Agent Last Name: Mangassarian
Listing Office Information
List Office Name: Re/Max Tri-City Realty
Selling Agent Information
Buyer Agent First Name: Arthur
Buyer Agent Last Name: Mangassarian
Selling Office Information
Buyer Office Name: Re/Max Tri-City Realty
Around this home
Schools
Pinewood Avenue Elementary School
Public K-5 • Assigned • 0.4mi
7/10
Mt. Gleason Middle School
Public 6-8 • Assigned • 1.1mi
7/10
Verdugo Hills Senior High School
Public 9-12 • Assigned • 0.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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