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10206 Mountair Avenue, Tujunga, CA

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10206 Mountair Avenue

Tujunga, CA 91042-2226 - Tujunga MF Submarket

Property Type:Multi-Family Number of Units:11 Status:Under Construction Year Built:2016
Stories:- Building Size:21,545 SF Land Area:.5 AC (21,776 SF)
For Sale Price:$5,995,000 Price/Unit:$545,000.00 Cap Rate:4.81 % GRM:14.19


Sale Notes:
Arthur Arejian of Vanguard Investments Inc., as exclusive listing agent, is pleased to present an opportunity to purchase an 11-unit Brand new TOWNHOME project with separate APN' s for future individual sale. This opportunity can be viewed as both a multi family rental community or a FOR SALE product depending on the investor' s interest and economic formula.

The Mountair Townhomes is located at 10206 Mountair Ave, Tujunga, CA. This prime class A asset consists of extremely large TH units with balconies in almost all units and contains an excellent mix of all (3+3 TH Units) ranging from approximately 1,746-1767 SF in size.

The Mountair Townhomes consist of 11 Luxury and spacious three-bedroom three-bathroom Units situated on 21,775 SF of land. The units include Washer & Dryer Hook-ups, balconies, fireplaces, high ceilings, separately metered, and has a tank less hot water heaters. The project will be 100% construction complete by August 2016 and is located in a strong rental submarket Tujunga.
The subject property is located in Tujunga, CA. Sunland-Tujunga is nestled in the Foothills of the San Gabriel Mountains in the northeastern corner of Los Angeles. Though Sunland and Tujunga began as separate settlements, they are linked today through a single police station, branch library, neighborhood council, chamber of commerce, City Council district, high school and various civic organizations.

Vanguard Investments Inc.
Arthur H Arejian
(323) 512-5600 x100

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