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6711 Tujunga Avenue

North Hollywood, CA 91606
  • $2,095,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: SR25019435
UPDATED: 11 min ago
$2,095,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Braemon Hanes of Hanes Investment Rlty (818-865-8305)


Description

The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T09:33:05.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159784532
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6711 Tujunga Avenue North Hollywood, CA 91606

  • Price: $2,095,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 11 min ago
  • MLS #: SR25019435
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1953
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.
Exterior Features

Entry Level 1 Entry Location 1 Foundation Details Slab Lot Features Street Level Number Of Separate Electric Meters 15 Open Parking Spaces 17 Parking Features AssignedAsphalt Parking Total 17 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Cap Rate 5.06 Common Interest Community Apartment Community Features Valley Electric Expense 3862 Fuel Expense 2025 Garage YN No Gross Income 180864 Gross Scheduled Income 184555 Insurance Expense 7004 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to Existing Loan Maintenance Expense 13842 Net Operating Income 105959 New Construction YN No New Taxes Expense 24093 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 74905 Pest Control Expense 1200 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 6988 Vacancy Allowance 3691 Vacancy Allowance Rate 2 Water Sewer Expense 3862 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T09:33:05.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Braemon Hanes of Hanes Investment Rlty (818-865-8305)