10408 Fairgrove Avenue
Tujunga, CA, 91042
$1,899,950
Beds
0 Baths
SqFt
0.58 Acres
Add
SELLER FINANCING MAY BE POSSIBLE WTH 20% DOWN PAYMENT BALANCE CARRIED AT 6% ANNUAL

Amazing 6 unit income property in a nice street of Tujunga built on almost 26,000 sq ft of land.
Potential great add value opportunity not to be missed.

The 2 story detached property consists of 2 X 1 Bed 1 Bath Unit Rented for $1,092 and $1,196 (total $2,288) on the second floor and a 2 X 2 car garage and a Studio Unit on the first floor Rented for $1,092.

The second structure has a 1 Bedroom 1 Bathroom Rented for $1,768 , the third structure has another 1 Bedroom 1 Bathroom Rented for $2,100 and the front house has a 2 Bedroom 2 Rented for $3,500.
There is a detached garage at the end of the property that is rented for $500 a month and might be converted to another residential unit for more rental income. Almost all units have washer dryer hookups for convenience.
Property has storage area on the property that can be leased for more income. Long, wide solar lighted driveway with plenty of parking at the end. Plenty of carports for additional cars and even an RV or a boat.
Property has a huge space at the front and the back with more room to add more possible rental units, house, ADU or a storage as a source of additional income. Overall property currently generated about $11,250 a month in rental income.
Rents are below market and there is room for increase.

Property Details

Price:
$1,899,950
MLS #:
GD24248778
Status:
Active
Baths:
0
Address:
10408 Fairgrove Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
659sunlandtujunga
City:
Tujunga
Listed Date:
Dec 17, 2024
State:
CA
ZIP:
91042
Lot Size:
25,308 sqft / 0.58 acres (approx)
Year Built:
1938
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Schools

Interior

Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Laminate
Heating
Central

Exterior

Community Features
Biking, Sidewalks, Suburban
Garage Spaces
6.00
Lot Features
6-10 Units/ Acre
Parking Features
Assigned, Boat, Carport, Attached Carport, Detached Carport, Direct Garage Access, Driveway, Gravel, Driveway Up Slope From Street, Garage, Garage Faces Side, Garage – Single Door, Garage – Two Door, Parking Space, Private, R V Access/ Parking, R V Potential, See Remarks, Side by Side, Structure
Parking Spots
18.00
Pool Features
None
Sewer
Septic Type Unknown
Stories Total
2
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Electricity Connected, Sewer Connected

Map

Community

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10408 Fairgrove Avenue
Tujunga, CA