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$1,050,000
Est. payment /mo
5 Beds
3 Baths
1,915 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,915 sqft
Price per Sqft $548
MLS Listing ID 26662157
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1947
Lot Size 6,507 Sqft
Property Sub-Type Single Family Residence
Property Description
Price Reduced! | SFR + ADU | 5.6% Cap | 12.7 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained 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 $2,890 per month. Total gross income is $6,890 per month ($82,680 annually). Both units have separate gas and electrical meters, providing flexibility and ease of management. The property is stabilized with in-place income, ideal for investors seeking a low-maintenance asset. At the current asking price, the property reflects approximately a 5.6% cap rate and 12.7 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.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Furnishings Furnished Or Unfurnished
Fireplace Yes
Laundry Laundry Room
Exterior
Parking Features Driveway
Pool None
View Y/N No
View None
Private Pool No
Building
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2316020003
Special Listing Condition Standard
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Listed by Daniel Shamooelian Keller Williams Beverly Hills #01984269
Nearby Locations
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