Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

5

Building size

2,842 sqft

Lot size

6,937 sqft

Year built

1954

Stories

2

Garage spaces

0

Cooling

Electric,Ductless

Pool

None

View

Mountain(s)

Status

Active

Days on market

64

MLS #

245468958

About this property

Attention Investors & Developers – Brand New 5-Unit Investment Opportunity in Prime Sunland/Tujunga! Welcome to 10608 Turnbow Street, a rare opportunity to own a newly constructed five-unit income property in one of the Northeast San Fernando Valley’s fastest-growing rental markets. Featuring four beautifully built residential units plus an approved approximately 620 sq. ft. ADU, this exceptional investment, allowing the new owner to immediately lease at current market rents and maximize cash flow. The property offers approximately 2,842 square feet of living space on a 6,938 square foot lot and has been thoughtfully designed with five separate utility meters for gas, water, and electricity, helping reduce owner expenses while increasing long-term investment efficiency. Ideally located just off the Sunland Boulevard exit of the 210 Freeway, the property sits at the gateway of Sunland and Tujunga, providing convenient access throughout the San Fernando Valley, Glendale, Pasadena, Burbank, and Downtown Los Angeles. Residents will enjoy being within walking distance of shopping, restaurants, grocery stores, parks, and everyday conveniences. The location is served by well-known local schools including Sunland Elementary School, Mt. Gleason Middle School, and Verdugo Hills High School. Outdoor enthusiasts will appreciate the close proximity to Hansen Dam Recreation Area, Verdugo Mountains Open Space Preserve, La Tuna Canyon, and the Angeles National Forest, offering endless opportunities for hiking, biking, horseback riding, golf, and year-round recreation. Major destinations such as Dodger Stadium, Old Town Pasadena, Universal Studios Hollywood, and Downtown Los Angeles are all within a convenient drive, making this an attractive location for tenants seeking both suburban comfort and city accessibility. Whether you’re expanding your real estate portfolio or completing a 1031 exchange, this turnkey five-unit property presents a rare opportunity to establish immediate rental income with outstanding long-term appreciation potential in one of Los Angeles’ most desirable foothill communities.

Location

10608 Turnbow

Sunland, Los Angeles, CA, 91040