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6711 Tujunga Ave North Hollywood (los Angeles), CA, 91606
$2,095,000 Commercial for sale Other
The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.
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Property details
5,311 sqft interior area
Land area
13,579 sqft (0.31 acres)
Days on Verhouse
57
Address
6711 Tujunga Ave, North Hollywood (los Angeles), CA, 91606
City of California
North Hollywood (los Angeles)
County
Los Angeles
Year Built
1953
District
Listing
Nearby major retailers
Costco
Trader Joe's
Lowe's
Walmart Supercenter
ALDI
Toyota
Walmart Neighborhood Market
T-Mobile
Whole Foods Market
Aldi
Wholesale: 2
Supermarket: 8
Do it yourself: 1
Car: 1
Car repair: 1
Mobile phone: 3
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Interior Features
—
Garage & Parking
Assigned, Other
Listed by
Braemon Hanes, Hanes Investment Rlty
Name
Braemon Hanes
License number
01230427
Brokerage company
Hanes Investment Rlty
MLS #
CRSR24056706
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Calculate your monthly payments
Mortgage
$6,433
Taxes
$0
HOA dues
$0
Mortgage
$419,000 / 20%
2.28%
30 years
Your amount
$6,433 / month
Lot details
TMK #2320019016
Lot Description
Level
Parcel nr.
2320019016
91606 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91606
42%
Families with children
National average: 39%
43%
Non family households
469,226
Population
$94,638
Average Income
Age & gender
Median age 36 years
More info
Commute types
83% commute by car
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Education level
24% have bachelor education
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Number of employees
2% work in education and healthcare
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Vehicles available
41% have 1 vehicle
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Vehicles by gender
41% have 1 vehicle
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Housing market insights for
$1.2m
Neighborhood average
sales price*
sales price*
$1.01m
Neighborhood median
sales price*
sales price*
565
Number
of sales*
of sales*
Housing type
36% are single detacheds
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Rooms
36% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
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Owners vs Renters
64% are renters
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11.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Mar 21, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 21, 2024 | New Listing | $2,095,000 | 0 | MLS #CRSR24056706 |
| Mar 21, 2024 | Unavailable | $2,095,000 | 0 | MLS #CRSR23187122 |
| Oct 6, 2023 | New Listing | $2,095,000 | 0 | MLS #CRSR23187122 |
Taxes of 6711 Tujunga Ave, North Hollywood (los Angeles), CA, 91606
LARD zoning / MLS #CRSR24056706
Zoning
LARD
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Frequently Asked Questions about 6711 Tujunga Ave
What is 6711 Tujunga Ave?
6711 Tujunga Ave is a Commercial/Industrial propertywith 5,311 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
6711 Tujunga Ave, North Hollywood (los Angeles), CA, 91606.
What comparable properties are nearby?
Comparable nearby commercial properties include 6871 Beck Ave, 6628 Lankershim Blvd, 7245 Bakman Ave, 7127 Vineland Ave, 6827 Radford Ave, 6827 Radford Ave.
Based on information from the bridgeMLS as of 05-16-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 21, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Target, 0.54 miles away and Pacific Coast Foods, 0.86 miles away.
The 91606 zip area has a population of 469,226, and 42% of the families have children. The median age is 36.7 years and 83% commute by car. The most popular housing type is "single detached" and 64% is renter.
