McGroarty Estates Multi-Family FOR SALE


Tujunga, CA
$2,800,000 USD
323-975-2229
, Tujunga, CA for Sale
$2,800,000 USD
Multi-Family - FOR SALE
1/125
null | 4.2% Cap Rate

McGroarty Estates
Tujunga, CA


OVERVIEW

Three Homes on One Estate – Prime Commercial/Investment Opportunity An exceptional investment and commercial real estate opportunity located on 4.4 acres of landscaped grounds near Glendale and La Crescenta. With three separate residences on one estate, this multi-parcel property offers incredible potential for a 1031 exchange, business use, rental portfolio, or owner-user investment. Property Highlights: Three Homes, One Estate Main Residence: 5 Bedrooms | 4 Bathrooms | Renovated in 2023 with porcelain tile floors, Shoji screen closets, chef’s kitchen with quartz countertops and stainless steel appliances, stone fireplace, and Fleetwood sliding doors opening to garden-view balconies. Second Home: 1 Bedroom | 2 Bathrooms | Ideal for a guest house, office headquarters, or rental. Third Home: 3 Bedrooms | 2 Bathrooms | Flexible for multi-family living, staff housing, or additional income stream. Expansive Grounds: 4.4 acres of private, landscaped property with mature oaks, cherry blossoms, and sweeping mountain views. Japanese garden by renowned designer Tomoyuki Nakamura, complete with a 12-foot Torii gate, picnic area, and rare imported glass greenhouse. Artistic finishes including custom faux bois by Terence Eagon, stone hardscaping, and a fully irrigated hillside. Commercial & Investment Potential: Perfect for a 1031 Exchange—unique multi-unit asset with strong income potential. Great opportunity for business use, wellness retreat, short-term rental portfolio, or creative campus. Multi-parcel structure offers flexibility for subdivision, development, or long-term investment strategy. Location Benefits: Bordering McGroarty Park with playgrounds and tennis courts. Near McGroarty Arts Center and Angeles National Golf Club—a premier golf destination in Los Angeles County. A rare chance to own a versatile multi-home estate with immediate cash-flow and long-term growth potential. Whether for business operations, an income-generating investment, or a strategic 1031 exchange, this property is a truly one-of-a-kind opportunity.

ASK ABOUT THIS PROPERTY

Bryan WelchRodeo Realty IncMore Info
323-975-2229

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Bryan WelchRodeo Realty IncMore Info
323-975-2229

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