North Hollywood, CA 91606 6711 Tujunga Avenue
$2,095,000
1 more
Presented By: Braemon Hanes with Hanes Investment Rlty; braemon@hanesre.com
Beds • 2
Baths • 2
SQFT • 5,311
Year Built • 1953
Home Details
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.
Presented By: Braemon Hanes with Hanes Investment Rlty; braemon@hanesre.com
Interior Features for 6711 Tujunga Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 6711 Tujunga Avenue
Additional Parcels Description2320019017
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.06
Carport Y/NNo
CityNorth Hollywood
Community FeaturesValley
CountyLos Angeles
Directions6711 & 6715 Tujunga Avenue, North Hollywood, CA. The property is located on the west side of the street just south of Vanowen Street.
Electric Expense3862.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense2025.0
Garage Spaces0.0
Garage Y/NNo
Gross Income180864.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense7004.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToExistingLoan
Lot Size Square Feet13579.0
Lot Size UnitsSquareFeet
MLS AreaNHO - North Hollywood
MaintenanceExpense13842.0
MobileHomeRemainsYNNo
Net Operating Income105959.0
New ConstructionNo
Number Of Units Total13
Open Parking Spaces17.0
Operating Expense74905.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot234
Taxes$24,093
Trash Expense6988.0
Water Sewer Expense3862.0
Year Built1953
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 6711 Tujunga Avenue
Building Area Total5311.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.3117
Lot Size Area13579.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters15
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Asphalt
Private PoolNo
SpaNo
Total Parking17.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$2,095,000
MLS#SR25019435
List Date
01/27/2025
Property Type
Multi-Family
Phone
(562) 537-4182
