ResidentialSingleFamilyResidenceCANorth Hollywood916057317 Tujunga Avenue, North Hollywood, CA, US, 91605

7317 Tujunga Avenue, North Hollywood, CA, US, 91605

7317 Tujunga Avenue, North Hollywood, CA, US, 91605
5 beds
3 baths
1915 sq ft
$975,000
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Basics

  • Date added: Added 2 months ago
  • Category:
  • Type:
  • Status:
  • Bedrooms: 5
  • Bathrooms: 3
  • Area: 1915 sq ft
  • Lot size: 6506, 6506 sq ft
  • Year built: 1947
  • View: None
  • Zoning: LAR1
  • County: Los Angeles
  • MLS ID: 26662157

Description

  • Description:

    Now Offered Under $1M | Turnkey SFR + ADU | 6.1% Cap | 12.5 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 6.1% cap rate and 12.5 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.

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Location

  • Directions: North of Sherman Way, South of Saticoy St, West of Vineland Ave, East of Lankershim Blvd
  • Lot Size Acres: 0.1494 acres

Building Details

  • Architectural Style: SeeRemarks
  • Common Walls: NoCommonWalls
  • Levels: One

Amenities & Features

  • Pool Features: None
  • Parking Features: Driveway
  • Spa Features: None
  • Parking Total: 0
  • Cooling: CentralAir
  • Fireplace Features: LivingRoom
  • Furnished: FurnishedOrUnfurnished
  • Heating: Central
  • Laundry Features: LaundryRoom

Agent info

  • Agent name: Daniel Shamooelian
  • Agent MLS: CLW-C126012
  • Agent email: daniel@dsrealestate.com
  • Agent officephone: 310-432-6400
  • Agent direct phone: 310-651-1800

Miscellaneous

  • List Office Name: Keller Williams Beverly Hills

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