10039 Haines Canyon Avenue

Tujunga, CA 91042

$2,750,000
Price
—
Beds
—
Baths
9,588 Sq. Ft.
$287 / Sq. Ft.
9,588
Sq. Ft.
$287
per Sq. Ft.

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.
  1. Listed by Casey Picard • DRE #01921866 • Keller Williams Realty

Property Details for 10039 Haines Canyon Avenue

Subdivision Name
Not Applicable
Garage Spaces
.00
View
None
LISTING UPDATED: 01/29/2025 02:50 PM

Property Details for 10039 Haines Canyon Avenue

StatusActive
MLS #P1-19427
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees$9,600 / month
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.39 AC / 17,013 SF
CountyLos 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

Summary
Location and General Information
  • Building Area Total: 9,588.00
  • Community Features: Street Lights
  • City: Tujunga
  • Directions: The property is sitting north of Tujunga Canyon Boulevard on Haines Canyon Avenue
  • Area: 659 - Sunland/Tujunga
  • Postal Code Plus4: 2862
  • Unparsed Address: 10039 Haines Canyon Avenue, Tujunga, CA 91042
Parking
  • Parking Features: Asphalt, Carport
Taxes and HOA Information
  • Association Fee: $.00
  • New Taxes Expense: $33,000.00
  • Professional Management Expense: $9,914.08
  • Tax Other Annual Assessment Amount: $1,705.00
  • Tax Tract: 1170
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .39
  • Lot Size Square Feet: 17,013.00
  • Lot Size Area: 17,013.00
  • Lot Size Units: Square Feet
  • Parcel Number: 2568001014
  • Zoning: LARD3
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: No Common Walls
  • Documents Count: 1
  • Property Attached: No
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Water Sewer Expense: $9,202.31
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
Interior Features
  • Appliances: None
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: None
  • Living Area: 9,588.00
  • View: No
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $252,910.00
  • Net Operating Income: $166,417.96
  • Electric Expense: $.00
  • Insurance Expense: $12,000.00
  • Maintenance Expense: $9,600.00
  • Number Of Buildings: 2
  • Number Of Units Leased: 8
  • Operating Expense: $81,433.92
  • Pest Control Expense: $900.00
  • Special Listing Conditions: Standard
  • Trash Expense: $3,912.48
  • Vacancy Allowance Rate: 5,058.00

Property History for 10039 Haines Canyon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

10039 Haines Canyon Avenue is a multi-family home for sale in Tujunga, CA 91042. This property was listed for sale on September 27, 2024 by Keller Williams Realty, it's currently listed at $2,750,000. It has been on the market for a total of 112 days and was last sold on February 1, 2006. This listing's school district is Los Angeles Unified School District. Nearby schools include Pinewood Avenue Elementary School, Mt. Gleason Middle School and Verdugo Hills Senior High School. 10039 Haines Canyon Avenue is a 0-bed, 0-bath, 9,588 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Casey Picard, DRE #01921866

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.