7317 Tujunga Ave - Multi-Family FOR SALE


North Hollywood, CA 91605
$1,249,000 USD
310-651-1800
7317 Tujunga Ave, North Hollywood, CA for Sale
$1,249,000 USD
Multi-Family - FOR SALE
1/3
null | 6.1% Cap Rate

7317 Tujunga Ave
North Hollywood, CA 91605


OVERVIEW

Now Offered Under $1M! | Turnkey SFR + ADU | 6.1% Cap | 12.5 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained, income-producing property featuring a fully remodeled front home and a newly built detached ADU, both currently tenant-occupied. The front home (7317 Tujunga Ave) offers 3 bedrooms and 2 bathrooms and is currently rented at $4,000 per month. The detached ADU (7315 Tujunga Ave) features 2 bedrooms and 1 bathroom and is leased at $2,482 per month. Total gross income is $6,482 per month ($77,784 annually). Both units have separate gas and electrical meters, providing ease of management and operational flexibility. The property is stabilized with in-place income, making it ideal for investors seeking a low-maintenance asset with immediate cash flow. At the current asking price, the property reflects approximately a 6.1% cap rate and 12.5 GRM. Buyer to verify all financial information. Conveniently located just minutes from the NoHo Arts District, NoHo West shopping center, Trader Joe's, Regal Cinemas, LA Fitness, Costco, Burbank Airport, major freeways, and public transportation, supporting strong rental demand throughout the San Fernando Valley.

FOR SALE DETAILS

PRICE

$1,249,000 USD

PRICE/SF

$652 USD /SF

# OF UNITS

2

PRICE/UNIT

$624,500

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2316-020-003

ASK ABOUT THIS PROPERTY

Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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Daniel ShamooelianKW Commercial Beverly HillsMore Info
310-651-1800

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