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$ 999,000
Est. payment | /mo
5 Beds
3 Baths
1,915 SqFt
$ 999,000
Est. payment | /mo
5 Beds
3 Baths
1,915 SqFt
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 $521
MLS Listing ID CL26662157
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1947
Lot Size 6,506 Sqft
Acres 0.1494
Property Sub-Type Single Family Residence
Property Description
Now Offered Under $1M | Turnkey SFR + ADU | 6% Cap | 12.7 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained, income-producing 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 $2,482 per month. Total gross income is $6,482 per month ($77,784 annually). Both units have separate gas and electrical meters, providing ease of management and operational flexibility. The property is stabilized with in-place income, making it ideal for investors seeking a low-maintenance asset with immediate cash flow. At the current asking price, the property reflects approximately a 5.9% 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
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Laundry Room
Exterior
Pool None
View Y/N false
View None
Private Pool false
Building
Story 1
Architectural Style See Remarks
Level or Stories One Story
New Construction No
Others
Tax ID 2316020003
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Listed by Daniel Shamooelian • Keller Williams Beverly Hills
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