Located on Greeley Street in Tujunga, California, this property is a great investment for those looking for the opportunity pick their own tenants while gaining a strong cash-flow. With (8) - 2 Bed / 1 Bath Units with washer & dryer, a buyer will be given the opportunity to invest in a great unit mix in a growing sub-market. Five of eight units are currently vacant with three of the five vacant units offering renovated finishes. The property's current state allows for additional methods to increase overall through the utilization of a RUBS system to bill back tenants for a portion of the utilities (Buyer to verify). The building was built in 1940. But, was moved to the property in 1987. With a certificate of occupancy dated in 1988, there is a possibility of removing the asset from Los Angeles RSO (Buyer to Verify). Furthermore, with the existing lot area, there is possibility to build two ADU's (Buyer to Verify).
Multi-familyProperty Type
1940Year Built
10,855 sq ftLot Size
$281Price/Sq.Ft.
16 spacesParking
Listed by Casey Picard•DRE #01921866• Keller Williams Realty
Bought with Martin Lazarian•DRE #01457363• FIV REALTY CO
Bought with Mike Babakhanyan•DRE #01781588• FIV REALTY CO
*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
16
Baths
8
Stories
—
Lot width
—
Lot depth
—
Lot size
10,889 Sq. Ft.
Year renovated
1950
Sq. Ft.
7,360
Year built
1940
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2568013019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
Jul 29, 2025 • Final
Bldg-alter/repair
Replace the roof with a class A or B material over existing solid sheathing. Apply a certified cool roof product if the replacement exceeds half of the total roof area.
Roofing
Jan 27, 2012 • Final
Plumbing
Install gas outlets for water heaters in multiple residential units.
Gas
Plumbing
Water heater
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
Assigned
Has Parking
# of Parking Spaces: 16
Interior
Laundry Information
Has Laundry
In Closet
Kitchen Information
Appliances: None
Cooling Information
Wall Window
Has Cooling
Heating Information
Wall Heater
Has Heating
Interior Features
Security Features: Card/Code Access
Unit Type 1 Information
Unit Key Numeric: 11702790
Listing Key Numeric: 371838731
Actual Rent: $1,962
Area: 825
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $15,696
Expenses
Trash: $3,181.79
Total: $57,253
Pest Control: $900
Maintenance: $4,800
Insurance: $4,904
Water Sewer: $5,959.29
New Taxes: $25,058.68
Gardener: $1,970.45
Multi-Unit Information
Net Operating Income: $125,448
Total Building Area: 7,360
Gross Scheduled Income: $188,352
Gross Multiplier: 11.41
Gross Income: $188,352
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 9
# Of Separate Electric Meters: 9
# Of Buildings: 1
Operating Expense Percent: $31.34
Vacancy Allowance Rate: 3
Exterior
Exterior Information
Fencing: Wrought Iron
Has Fence
Exterior Features
Pool Features: None
Lot Information
Lot Features: Sprinklers None
Property Information
Total # of Units: 8
Common Walls: No Common Walls
Parcel Number: 2568013019
Total # of Stories: 1
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $57,253
Other Expense: $1,336
Other Expense Description: Direct Assessments
Rent Control
Location
Neighborhood Information
Community Features: Curbs
Location Information
Latitude: 34.24932400
Longitude: -118.28713400
Directions: From Foothill Boulevard take a right on Pinewood and Left on Greeley
Subdivision Name: Not Applicable
Zoning: LAR3-2
Public facts
Beds: 16
Baths: 8.0
Sq. Ft.: 7,360
Stories: —
Lot Size: 10,889 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1940
Year Renovated: 1950
County: Los Angeles County
APN: 2568013019
Home facts updated by county records on Aug 28, 2026
Other
Listing Information
Days Active in MLS: 3
Continuous Days Active in MLS: 3
Listing Agent Information
List Agent First Name: Casey
List Agent Last Name: Picard
Listing Office Information
List Office Name: Keller Williams Realty
Selling Agent Information
Buyer Agent First Name: Martin
Buyer Agent Last Name: Lazarian
Co-Buyer Agent First Name: Mike
Co-Buyer Agent Last Name: Babakhanyan
Selling Office Information
Buyer Office Name: FIV REALTY CO
Co-Buyer Office Name: FIV REALTY CO
Around this home
Schools
Pinewood Avenue Elementary School
Public K-5 • Assigned • 0.3mi
7/10
Mt. Gleason Middle School
Public 6-8 • Assigned • 1.7mi
7/10
Verdugo Hills Senior High School
Public 9-12 • Assigned • 1.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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