Property Details
About this Property
Seller Financing Available 20% Down Payment | 6% Annual Interest | No Prepayment Penalty This incredible 6-unit income property in Tujunga, located on nearly 26,000 sq ft of land, is generating approximately $11,248 per month in rental income. There is significant upside potential, with market rents in the area reaching $14,800 per month. Additionally, the detached 2-car garage, currently rented for $500 per month, could be converted into an Accessory Dwelling Unit (ADU) to generate an additional $2,100 per month in rental income. Based on last appraisal report: Total Living Area: 4,570 Garage Size : 1,730 Carport :360 Currently, rents are below market, offering a great opportunity for increases. Property Overview: First Structure (2-story): Second Floor: 2 units, each 1 Bedroom, 1 Bathroom Unit 1: Rented for $1,092 Unit 2: Rented for $1,196 Total: $2,288 First Floor: 2-car garage and a studio unit Studio Unit: Rented for $1,092 Second Structure: 1 Bedroom, 1 Bathroom Rented for $1,768 Third Structure: 1 Bedroom, 1 Bathroom Rented for $2,100 Front House: 2 Bedrooms, 2 Bathrooms Rented for $3,500 The detached garage at the end of the property is currently rented for $500 per month but could be converted into an add
MLS Listing Information
MLS #
CRGD24248778
MLS Source
California Regional MLS
Days on Site
108
Interior Features
Flooring
Laminate
Cooling
Central Forced Air, Window/Wall Unit
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Attached Garage, Boat Dock, Carport, Detached, Garage, Other, Parking Area, Parking Space(s), Private / Exclusive, RV Access, RV Possible, Side By Side, Garage: 6 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | 6 | – |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
10408 Fairgrove Ave is a Residential Income in Tujunga, CA 91042. This – square foot property sits on a 25,308 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,899,950 and was built in 1938. This address can also be written as 10408 Fairgrove Ave, Tujunga, CA 91042.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 02, 2025. For the most current information, please contact Eduard Khachatryan, (818) 484-8008
