7061 Greeley, Tujunga, CA 91042
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7061 Greeley, Tujunga, CA 91042
7061 Greeley, Tujunga, CA 91042
7061 Greeley, Tujunga, CA 91042
7061 Greeley, Tujunga, CA 91042
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Listed by Susan Smith • BERKSHIRE HATHAWAY HOMESEVICES Crest Real estate
$ 1,395,000
Est. payment /mo
Price Dropped by $345K

7061 Greeley Tujunga, CA 91042

12 Beds

6 Baths

4,437 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 4,437 sqft

Price per Sqft $314

MLS Listing ID BB-26129515

Style Contemporary,See Remarks

Bedrooms 12

Full Baths 6

Year Built 1954

Lot Size 0.250 Acres

Property Sub-Type Commercial/Residential

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Price reduction for a quick sale. This great valued six-unit apartment property featuring spacious 2-bedroom and 1-bathroom units surrounded by lush greenery and mature landscaping. Amenities include an on-site coin-operated laundry room, six covered carports, and additional conveniences. The lower units offer both front and rear private entrances for added accessibility and appeal. It also features 6 carports. The vacant unit needs work. Seller says let's sell as-is.

This property also presents strong upside rental potential, with projected market rents exceeding $2,000 per unit, according to current market trends.

Don't miss this income property for only $1,395,000.

Information:

Five units are currently occupied. Current residential rent is $8,160 per month, and the projected rent for the vacant unit is $2,000 per month. Fully occupied residential rent would be $10,160 per month. Including $120 per month in laundry income, fully occupied gross income would be $10,280 per month, or $123,360 annually.

Income / Operating Summary:

• Gross Scheduled Income: $123,360.00

The 5.40% cap rate is based on the $75,333.29 NOI divided by the $1,395,000 asking price.

Athough information comes from a reliable resources, Buyer and agents (Listing and Selling) do not warrant their information, which includes, but not limited to square footage and boundary lines.

Thank you for your interest in this beautiful property.

Location

State CA

County Los Angeles

Area 659 - Sunland/Tujunga

Interior

Interior Features Unfurnished

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Carport

Pool None

Community Features Curbs, Foothills, Golf, Hiking, Park, Sidewalks, Street Lights

Utilities Available Water Available, Water Connected

View Y/N Yes

View Mountain(s)

Building

Lot Description Front Yard, Garden, Landscaped, Lot 10000-19999 Sqft, 6-10 Units/Acre

Sewer Unknown

Others

Virtual Tour https://Introducing a well-maintained six-unit apartment property. Featuring 6 spacious 2-bedroom and 1-bathroom units surrounded by lush greenery and mature landscaping. Amenities include an on-site coin-operated laundry room, 6 covered carports, and additi


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7061 Greeley