$2,095,000

6711 Tujunga Ave Los Angeles, CA 91606

North Hollywood Neighborhood

Estimated payment $13,665/month

Total Views 3,787
1 Bed
4 Baths
5,311 Sq Ft
$394 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • No HOA
  • Level Lot
  • North Hollywood Senior High School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.

Listing Agent

Braemon Hanes

Hanes Investment Rlty Brokerage Email: braemon@hanesre.com License #01230427 Listed on: 01/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Level Lot
  • 2320019017

Home Design

  • Apartment
  • Slab Foundation

Interior Spaces

  • 5,311 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 4 Bathrooms

Parking

  • 17 Open Parking Spaces
  • 17 Parking Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 234
  • Tax Tract Number 6346
  • Assessor Parcel Number 2320019016
  • $988 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 13 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 15 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,862
  • Fuel Expense $2,025
  • Gardener Expense $1,200
  • Insurance Expense $7,004
  • Maintenance Expense $13,842
  • Pest Control $1,200
  • Professional Management Expense $9,228
  • Trash Expense $6,988
  • Water Sewer Expense $3,862
  • New Taxes Expense $24,093
  • Operating Expense $74,905
  • Gross Income $180,864
  • Net Operating Income $105,959

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 5.06
  • Other Phone Description: Todd Schwartz
  • Other Phone Number: 818-825-5100
  • Price Per Unit: 161154
  • Professional Management Expense: 9228.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3862.00
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2320019016
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 394.46

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Asphalt
  • Total Parking Spaces: 17.00
  • Uncovered Spaces: 17.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 6988.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Valley

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2320019017
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13579.00
  • Lot Size Acres: 0.3117

Multi Family

  • Electric Expense: 3862.00
  • Fuel Expense: 2025.00
  • Gross Income: 180864.00
  • Gross Multiplier: 11.35
  • Gross Operating Income: 180864.00
  • Gross Scheduled Income: 184555.00
  • Insurance Expense: 7004.00
  • Lot Size Area: 13579.0000 Square Feet
  • Maintenance Expense: 13842.00
  • Net Operating Income: 105959.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 13
  • Operating Expense: 74905.00
  • Operating Expense Percent: 40.00
  • Rent Control: Yes
  • Total Expenses: 74905.00
  • Vacancy Allowance: 3691
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 24093.00
  • Tax Census Tract: 1232.05
  • Tax Lot: 234
  • Tax Tract Number: 6346
  • TaxOtherAnnualAssessmentAmount: 988.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2025 01/27/25 For Sale $2,095,000 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25019435

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 91606 North Hollywood

6711 Tujunga Ave, Los Angeles, CA

This home is located at 6711 Tujunga Ave, Los Angeles, CA 91606 and is currently priced at $2,095,000, approximately $394 per square foot. This property was built in 1953. 6711 Tujunga Ave is a home located in Los Angeles County with nearby schools including Fair Avenue Elementary School, Roy Romer Middle School, and North Hollywood Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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Braemon Hanes
Listing Agent
Braemon Hanes
Section Image
Hanes Investment Rlty
(747) 298-8185