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    9949 Pinewood Ave

    Tujunga, CA 91042
    • $1,995,000
    • STATUS: Active
    • ON SITE: 121 days
    • ID#: 20-636560
    UPDATED: 183 min ago
    $1,995,000
    • 14
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,718
      SQFT
    • $258
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    9949 Pinewood Avenue is a ten-unit apartment building located in Tujunga, CA. Built in 1962 this ten-unit property features a great unit mix of (6) one-bedroom, one-bathroom units and (4) two-bedroom,one-bathroom units.With 48% upside this property has attractive upside potential for an investor. There has been three apartment transactions in Tujunga in the last 12 months, this is a rare opportunity to purchase a property in this market.Located directly in-between Tujunga Canyon Boulevard and Foothill Boulevard tenants benefit from the restaurants and businesses located around the corner on Foothill Blvd. The Propertyis a short drive from the 210 freeway which provides access to the rest of the San Fernando and San Gabriel Valley

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-22T23:42:30.2. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/110300757
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    9949 Pinewood Ave Tujunga, CA 91042

    • Price: $1,995,000
    • Status: Active
    • Updated: 183 min ago
    • ID#: 20-636560
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    7,718
    SQFT
    $258
    $/SQFT
    1962
    Built
    Neighborhood:
    Sunland Tujunga
    County:
    Los Angeles
    Area:
    Sunland Tujunga
    Property Description
    9949 Pinewood Avenue is a ten-unit apartment building located in Tujunga, CA. Built in 1962 this ten-unit property features a great unit mix of (6) one-bedroom, one-bathroom units and (4) two-bedroom,one-bathroom units.With 48% upside this property has attractive upside potential for an investor. There has been three apartment transactions in Tujunga in the last 12 months, this is a rare opportunity to purchase a property in this market.Located directly in-between Tujunga Canyon Boulevard and Foothill Boulevard tenants benefit from the restaurants and businesses located around the corner on Foothill Blvd. The Propertyis a short drive from the 210 freeway which provides access to the rest of the San Fernando and San Gabriel Valley
    Exterior Features

    Lot Size Area 8504 Other Structures Other Parking Garage Other Total Parking 0

    Interior Features

    Baths Total 10.00 Cooling Other Equipment Other Heating Other Laundry Equipment Own

    Property Features

    Amenities Other Assessed Total Value 1351167 Gross Income 141852 Gross Operating Income 138359 Like Units1 6 Like Units2 4 Net Operating Income 84803.00 Number Of Buildings 1 Number Of Units 10 Owner Pays Other Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Other Total Annual Expense 53557 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Daniel Withers DRE#01325901 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-22T23:42:30.2. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    2999 Overland Ave., Suite 116
    Los Angeles CA, 90064