Tujunga, CA 91042,10137 Fernglen Avenue

$1,070,000

Est. payment /mo

$1,275,000

16.1%
Est.Price: ?

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10137 Fernglen Avenue Tujunga, CA 91042

5 Beds

4 Baths

0.28 Acres Lot

SOLD DATE : 01/18/2024

Key Details

Sold Price $1,070,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD23199143

Sold Date 01/18/24

Bedrooms 5

HOA Y/N No

Lot Size 0.276 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Wonderful opportunity for an owner-user or investor to acquire a four (4) unit property in a prime Tujunga location; the property is comprised of four (4) freestanding buildings including 1 - two (2) bedroom/one (1) bathroom unit with basement (accessed from outside the house) and 3 - one (1) bedroom/one (1) bathroom units; the two (2) bedroom unit is in need of a full-scale, cosmetic renovation; the units are separately metered for electricity and gas; the large lot and favorable zoning allow for the construction of additional units or even a new, ground-up construction project (Buyer to perform its own investigation as to the feasibility of the various scenarios); as currently configured, the property provides abundant surface parking; located near Foothill Boulevard which is home to a number of restaurants, retail shops and services (Vons, Ralphs, Albertsons, Smart & Final, CVS, Rite Aid, 711, Starbucks, Chase, Wells Fargo, Bank of America, El Pollo Loco, Original Tommy's, AutoZone)
Wonderful opportunity for an owner-user or investor to acquire a four (4) unit property in a prime Tujunga location; the property is comprised of four (4) freestanding buildings including 1 - two (2) bedroom/one (1) bathroom unit with basement (accessed from outside the house) and 3 - one (1) bedroom/one (1) bathroom units; the two (2) bedroom unit is in need of a full-scale, cosmetic renovation; the units are separately metered for electricity and gas; the large lot and favorable zoning allow for the construction of additional units or even a new, ground-up construction project (Buyer to perform its own investigation as to the feasibility of the various scenarios); as currently configured, the property provides abundant surface parking; located near Foothill Boulevard which is home to a number of restaurants, retail shops and services (Vons, Ralphs, Albertsons, Smart & Final, CVS, Rite Aid, 711, Starbucks, Chase, Wells Fargo, Bank of America, El Pollo Loco, Original Tommy's, AutoZone)

Location

State CA

County Los Angeles

Area Tujunga (91042)

Zoning Assessor

Building

Story 1

Others

Acceptable Financing Cash

Space Rent $980

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by David Stevenson • Stevenson Real Estate Services
Bought with Walter Bagramyan • Glencore Properties
agent

Tadd Bennett

Broker | License ID: 01926503

+1(760) 222-7717

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