7137 Greeley Street
Tujunga, CA 91042

Residential Income/Sold for $2,070,000

Overview

Located on Greeley Street in Tujunga, California, this property is a great investment for those looking for the opportunity pick their own tenants while gaining a strong cash-flow. With (8) - 2 Bed / 1 Bath Units with washer & dryer, a buyer will be given the opportunity to invest in a great unit mix in a growing sub-market. Five of eight units are currently vacant with three of the five vacant units offering renovated finishes. The property's current state allows for additional methods to increase overall through the utilization of a RUBS system to bill back tenants for a portion of the utilities (Buyer to verify). The building was built in 1940. But, was moved to the property in 1987. With a certificate of occupancy dated in 1988, there is a possibility of removing the asset from Los Angeles RSO (Buyer to Verify). Furthermore, with the existing lot area, there is possibility to build two ADU's (Buyer to Verify).


Details

Lot:10,855 SqFt.

Type:Residential Income

Status:Sold

Martin Lazarian

DRE 01457363
818.259.1046 / direct
818.246.1099 / office
[email protected] / email

Mike Babakhanyan

DRE 01781588
818.688.1645 / direct
818.246.1099 / office
[email protected] / email
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