6801-6809 Valmont St - Apartments FOR SALE


Tujunga, CA 91042
$2,998,000 USD
747-245-2680
6801-6809 Valmont St, Tujunga, CA for Sale
$2,998,000 USD
Apartments - FOR SALE
1/34
null | 4.31% Cap Rate

6801-6809 Valmont St
Tujunga, CA 91042


HIGHLIGHTS

  • Eight-unit, single-story bungalow court property situated on a 0.56-acre corner lot in the foothills of the San Gabriel Mountains.
  • Well-balanced unit mix featuring four 2-bedroom/1-bath units and four 1-bedroom/1-bath units with efficient layouts.
  • Immediate value-add opportunity with one vacant unit and significant mark-to-market rent growth potential.
  • All tenants are separately metered and pay for their own utilities, resulting in a low operational expense profile for ownership.
  • LARD2 zoning allows for added density, accessory dwelling unit (ADU) development, or future redevelopment upside.
  • Located moments from Foothill Boulevard retail and dining and near the 210 Freeway, providing convenient access to Pasadena, Glendale, and Burbank.

OVERVIEW

Set in the San Gabriel Mountain foothills of Tujunga, 6801 Valmont Steet is an eight (8)-unit, single-story apartment community on a 24,237-square-foot (0.56-acre) corner lot at Valmont Street and Haines Canyon Avenue. Encompassing four detached bungalow-style buildings that hold four (4) two (2)-bedroom and four (4) one (1)-bedroom homes, with tenants paying their own utilities. One unit is vacant, and in-place rents sit below market. LARD2 zoning supports added density. There are major accessory dwelling unit (ADU) opportunities and other development potential for this lot as well. Tujunga, California, is a 10-square-mile residential community bordering the Angeles National Forest and known for its scenic mountain views and spacious suburban character. Nearby Foothill Boulevard offers a diverse mix of shopping, dining, and everyday conveniences, including Starbucks, Smart & Final Extra!, CVS, Chase Bank, the YMCA, and Arnie's Bakery & Café. The property also benefits from convenient access to the 210 Freeway, providing direct connections to Pasadena, Glendale, Burbank, and other major employment and lifestyle destinations throughout the region. Within a 10-mile radius, the area is home to more than 148,000 residents with a median age of 45, indicating a well-established population. 6801 Valmont Street presents a rare foothill investment opportunity with stable in-place income, clear value-add upside, and long-term development flexibility in an established Tujunga location.

FOR SALE DETAILS

PRICE

$2,998,000 USD

PRICE/SF

$618 USD /SF

# OF UNITS

8

PRICE/UNIT

$374,750

CAP RATE

4.31%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,237 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

2565-019-028

ASK ABOUT THIS PROPERTY

Brent BallardBallard & Ballard Real Estate-eXpMore Info
747-245-2680

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Brent BallardBallard & Ballard Real Estate-eXpMore Info
747-245-2680

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.