7317 Tujunga Avenue, North Hollywood (los Angeles), CA 91605
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$ 970,000
Est. payment | /mo

5 Beds

3 Baths

1,915 SqFt


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$ 970,000
Est. payment | /mo
Save

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 $506

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 | 6.2% Cap | 12.4 GRM | ADU Delivered Vacant. Exceptional opportunity to acquire two homes on one lot in North Hollywood, featuring a fully remodeled front home and a newly built detached ADU. The front home (7317 Tujunga Ave) offers 3 bedrooms and 2 bathrooms and is currently tenant-occupied at $4,000 per month, providing immediate in-place income. The detached ADU (7315 Tujunga Ave) features 2 bedrooms and 1 bathroom with its own private outdoor space and is currently leased at $2,482 per month. **The ADU will be delivered vacant at closing**, providing the new owner with immediate flexibility to occupy the unit, place a new tenant, or establish a new rental rate. Current combined rents total $6,482 per month ($77,784 annually). Both units have separate gas and electrical meters, providing ease of management and operational flexibility. At the current asking price, the property reflects approximately a 6.2% cap rate and 12.4 GRM based on current income. Buyer to verify all financial information. Conveniently located near the NoHo Arts District, NoHo West, Trader Joe's, Regal Cinemas, LA Fitness, Costco, Burbank Airport, major freeways, and public transportation, providing convenient access 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

Bridge MLS
Listed by Daniel Shamooelian • Keller Williams Beverly Hills

Nearby Locations

GET MORE INFORMATION

Patrick Nagel
Patrick Nagel

REALTOR® | Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA 94602

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7317 Tujunga Avenue