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10414 Kailua Lane

Tujunga, CA 91042
  • $1,875,000
  • STATUS: ACTIVE
  • ON SITE: 53 Days
  • ID#: GD23004884
UPDATED: 62 min ago
$1,875,000
  • 8
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

A 1960s-built retro 6-unit apartment building located in Tujunga, CA with two stories. Zoning for the property is R3 on a large lot. The property is across the street from a beautiful city park with lots of nearby shops and eateries. The unit mix consists of six 2 bed 1 bath units. Each of the six units have spacious layouts with ample storage/closet space and natural light. Some of the units include upgrades like newer flooring and recessed lighting. There is also a pool and laundry facility on site. Property will not require soft-story retro-fitting. Total number of parking spaces is 6. Tenants pay for their unit's electricity and gas, while owner pays for water. Great opportunity to increase income for the property. Stable cash flow and easy to manage. A 1960s-built retro 6-unit apartment building located in Tujunga, CA with two stories. Zoning for the property is R3 on a large lot. The property is across the street from a beautiful city park with lots of nearby shops and eateries. The unit mix consists of six 2 bed 1 bath units. Each of the six units have spacious layouts with ample storage/closet space and natural light. Some of the units include upgrades like newer flooring and recessed lighting. There is also a pool and laundry facility on site. Property will not require soft-story retro-fitting. Total number of parking spaces is 6. Tenants pay for their unit's electricity and gas, while owner pays for water. Great opportunity to increase income for the property. Stable cash flow and easy to manage.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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10414 Kailua Lane Tujunga, CA 91042

  • Price: $1,875,000
  • Status: ACTIVE
  • On Site: 53 Days
  • Updated: 62 min ago
  • ID#: GD23004884
8
Beds
0
Baths
0
½ Baths
0.27
Acres
Neighborhood:
Tujunga
County:
Los Angeles
Area:
Tujunga (91042)
Property Description
A 1960s-built retro 6-unit apartment building located in Tujunga, CA with two stories. Zoning for the property is R3 on a large lot. The property is across the street from a beautiful city park with lots of nearby shops and eateries. The unit mix consists of six 2 bed 1 bath units. Each of the six units have spacious layouts with ample storage/closet space and natural light. Some of the units include upgrades like newer flooring and recessed lighting. There is also a pool and laundry facility on site. Property will not require soft-story retro-fitting. Total number of parking spaces is 6. Tenants pay for their unit's electricity and gas, while owner pays for water. Great opportunity to increase income for the property. Stable cash flow and easy to manage. A 1960s-built retro 6-unit apartment building located in Tujunga, CA with two stories. Zoning for the property is R3 on a large lot. The property is across the street from a beautiful city park with lots of nearby shops and eateries. The unit mix consists of six 2 bed 1 bath units. Each of the six units have spacious layouts with ample storage/closet space and natural light. Some of the units include upgrades like newer flooring and recessed lighting. There is also a pool and laundry facility on site. Property will not require soft-story retro-fitting. Total number of parking spaces is 6. Tenants pay for their unit's electricity and gas, while owner pays for water. Great opportunity to increase income for the property. Stable cash flow and easy to manage.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool Below GroundPrivate Site Cul-De-Sac

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.0 Annual Expense Actual 44632 Buildings 2 Cfd Mello Roos Fee 1491.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 15.67 Gross Scheduled Income Actual 119662 Home Owners Fees 0.0 Monthly Total Fees 124 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1645.0 Unit2 Rent Actual 1422.0 Unit3 Rent Actual 1383.0 Unit4 Rent Actual 1571.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Baboudjian Properties Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128