7323 Valmont St - Apartments FOR SALE


Tujunga, CA 91042
$2,695,000 USD
818-919-0282
7323 Valmont St, Tujunga, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/11
null | 4.26% Cap Rate

7323 Valmont St
Tujunga, CA 91042


HIGHLIGHTS

  • Eight-unit multifamily offering located in the foothills of Tujunga, minutes from Foothill Boulevard retail and major 210 Freeway access.
  • Two contiguous LARD2 parcels totaling 11,814 square feet, with potential for additional units or ADU development subject to planning approvals.
  • Approximately half of the units are fully renovated, featuring modern kitchens, upgraded bathrooms, new flooring, and convenient in-unit laundry.
  • Remaining units provide value-add upside through renovations and achieving market rental rates, driving long-term income growth.
  • Current rents remain below market, allowing for attractive mark-to-market projections as turnover occurs over time.
  • Situated in a supply-constrained submarket within the San Gabriel Mountain corridor, offering consistent rental demand and proximity to Pasadena.

OVERVIEW

Set in the San Gabriel Mountain foothills of Tujunga, 7323 Valmont St is an 8-unit value-add apartment property held across two contiguous LARD2 parcels. About half the eight units are remodeled with new kitchens, baths, flooring, and in-unit laundry; the rest offer clear mark-to-market upside as renovated. With an adjacent vacant parcel for future development, this is a true value-add play in a supply-constrained foothill submarket.

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

8

PRICE/UNIT

$336,875

CAP RATE

4.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,813 SF

ZONING

LARD2

APN/PARCEL ID

2558-022-010,2558-022-011

ASK ABOUT THIS PROPERTY

Brent BallardBallard & Ballard Real Estate-eXpMore Info
818-919-0282

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Brent BallardBallard & Ballard Real Estate-eXpMore Info
818-919-0282

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