10039 Haines Canyon Avenue
$2,750,000
—
—
9,588
9,588
$287
Description
Located on Haines Canyon Avenue in Tujunga, California, this twelve unit apartment complex offers (2) - 6 unit buildings on a ±17,018 SF lot. With (12) - 2 bedroom / 1 bath units, an investor will have the opportunity to capture high rents in the ±9,588 SF building. Upon lease-up of the existing units, there is an additional rental upside of ±40%. Built in 1953, the property is under Los Angeles RSO which currently allows owners to increase rents by up to 4% a year. Each unit is separately metered...Located on Haines Canyon Avenue in Tujunga, California, this twelve unit apartment complex offers (2) - 6 unit buildings on a ±17,018 SF lot. With (12) - 2 bedroom / 1 bath units, an investor will have the opportunity to capture high rents in the ±9,588 SF building. Upon lease-up of the existing units, there is an additional rental upside of ±40%. Built in 1953, the property is under Los Angeles RSO which currently allows owners to increase rents by up to 4% a year. Each unit is separately metered for gas and electricity. The owner currently pays for water, septic, and trash removal. Methods to increase the net operating income include the construction of accessory dwelling units in the rear portion of the property as well as adding washers and dryers back into the former laundry room. Furthermore, a new owner may take steps to relocate tenants to increase current rents to market rate. The asset is centrally located near Burbank, Glendale, and Pasadena allowing for a quick commute to some of the tri-cities best offerings.
- Listed by Casey Picard • DRE #01921866 • Keller Williams Realty
Property Details for 10039 Haines Canyon Avenue
Subdivision Name
Not Applicable
Garage Spaces.00
ViewNone
LISTING UPDATED: 01/29/2025 02:50 PM
Property Details for 10039 Haines Canyon Avenue
Status | Active |
---|---|
MLS # | P1-19427 |
Days on Market | 112 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | $9,600 / month |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1957 |
Lot Size | 0.39 AC / 17,013 SF |
County | Los Angeles County |
Building Information for 10039 Haines Canyon Avenue
Stories-Residences-Year Built1957Building Size-Lot Size0.39 AC / 17,013 SF
Property Information for 10039 Haines Canyon Avenue
Property History for 10039 Haines Canyon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10039 Haines Canyon Avenue
Taxable ValueLand$1,473,762Additions$535,910Total$2,009,672
Tax Record2024$25,815 ($2,151 / month)
Home Facts
Total Finished SqFt9,588 SqFtAbove Grade Finished SqFt9,588 SqFtLot Size17,013 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLARD3CountyLOS ANGELESAPN2568-001-014
Schools near 10039 Haines Canyon Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Pinewood Avenue Elementary School PublicK to 5 | ||
Mt. Gleason Middle School Public6 to 8 | ||
Verdugo Hills Senior High School Public9 to 12 | ||
Mt. Lukens Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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