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$ 1,395,000
Est. payment /mo
Price Dropped by $345K
7061 Greeley ST Tujunga, CA 91042
0.25 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26107441
HOA Y/N No
Year Built 1954
Annual Tax Amount $21,750
Tax Year 2025
Lot Size 10,890 Sqft
Property Sub-Type Multi Family
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.
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
Heating Wall Furnace
Fireplace No
Laundry Common Area
Building
Lot Description 6-10 Units/Acre, Garden, Near Public Transit
Story 2
Others
Tax ID 2568015007
Special Listing Condition Standard, Trust
Listed by Susan Smith BERKSHIRE HATHAWAY HOMESEVICES Crest Real estate 310-770-8389, DRE #00817334
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