7323 Valmont St - Apartments FOR SALE


Tujunga, CA 91042
$2,549,000 USD
747-223-8379
7323 Valmont St, Tujunga, CA for Sale
$2,549,000 USD
Apartments - FOR SALE
1/23
null | 4.5% 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 Street is an eight-unit value-add apartment property held across two contiguous LARD2 parcels. About half of the eight units have been remodeled with new kitchens, baths, flooring, and in-unit laundry. The rest offer clear mark-to-market upside upon renovation. With an adjacent vacant parcel for future development, this is a true value-add play in a supply-constrained foothill submarket. Located in Tujunga, a residential enclave nestled against the Angeles National Forest, the property benefits from a desirable foothill setting and convenient access to the region. 7323 Valmont Street offers proximity to Foothill Boulevard, which is home to a diverse mix of retailers, restaurants, and neighborhood services. Just minutes from the 210 Freeway, the location offers convenient access to major population and employment centers across the San Gabriel Valley and greater Los Angeles area. More than 53,500 households reside within a 5-mile radius, with an average household size of 2.7, supporting a stable residential base. Together, these fundamentals position 7323 Valmont Street as a compelling foothill investment with renovation upside, development potential, and long-term rental demand.

FOR SALE DETAILS

PRICE

$2,549,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

8

PRICE/UNIT

$318,625

CAP RATE

4.5%

% 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
747-223-8379

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

Brent BallardBallard & Ballard Real Estate-eXpMore Info
747-223-8379

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