Skyward Christian School, CA homes for sale & real estate

Skyward Christian School, CA Homes for Sale

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 t