Est. cap rate

2.2%

Assumed rent, all units

$5,480/mo

Units

2

Price per unit

$749,500

Est. annual NOI

$32,880

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

3

Building size

2,160 sqft

Lot size

10,022 sqft

Year built

1962

Stories

2

Garage spaces

2

Style

Mediterranean

Heating

Wall Furnace,Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

In Ground,Private,Gunite

View

Mountain(s),Neighborhood,Hills

Status

Active

Days on market

6

MLS #

248325931

About this property

Two Homes - One Exceptional Investment! A Rare Offering with Incredible Income and Development Potential! Discover the possibilities of this distinctive property featuring two separate residences situated on an expansive 10,000+ square-foot LAR3-zoned lot. Whether you're seeking a multi-generational living arrangement, an opportunity to reside in one home while generating rental income from the other, or an investment with future development potential, this property offers exceptional versatility. The main residence showcases beautiful architectural character, featuring 3 bedrooms, 2 bathrooms, and a spacious den ideal for a home office, media room, or additional living space. A gracefully curved staircase adds a touch of timeless elegance, leading to the private primary suite and an adjoining bonus room offering picturesque views of the surrounding mountains. Central air conditioning and heating provide year-round comfort. Privately situated toward the rear of the property, the second residence offers 1 bedroom, 1 bathroom, and window air conditioning, creating an excellent opportunity for rental income, extended family accommodations, or a private guest retreat. The generously sized grounds feature an in-ground swimming pool, abundant outdoor space, and ample parking, providing flexibility for entertaining, recreation, and future possibilities. For the visionary investor or developer, the property's LAR3 zoning presents exciting potential for additional residential units or redevelopment, subject to city approvals and verification of applicable zoning and building requirements. Two residences. One extraordinary property. A wealth of possibilities! Don't miss this opportunity to unlock the full potential of this versatile real estate offering.

Location

10260 Tujunga Canyon

Tujunga, Los Angeles, CA, 91042