10154 Hillhaven Ave

Tujunga, CA 91042

$1,370,000

Listed Price
5

bed Beds

5

shower Baths

2,649 sqft

straighten $517 sqft

1952

calendar_month Built

Open Houses

Next available: Saturday, May 4th, 2024 1:00 pm - 3:00 pm

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Property Description

Presenting an exceptional multifamily investment opportunity! This remarkable quadruplex presents a multifamily gem at 10154 Hillhaven Avenue! Currently offering four units with a total of 5 bedrooms and 5 bathrooms, this property provides 2,649 square feet of living space on an expansive 12,009 square foot lot. Beyond the existing units, there is substantial development potential, allowing for the construction of 19 additional units and 2 ADU units, creating a grand total of 21 units on this generous lot. This represents an excellent value-added opportunity. It's worth noting that the adjacent space has already been developed and sold for over 18M, underscoring the investment potential. At the close of escrow, two out of the four units will be delivered vacant, further enhancing flexibility and income potential. Located in the heart of Tujunga, this property enjoys central proximity to schools, shopping centers, and dining establishments. Don't miss this exceptional opportunity for multifamily investment!

Listing Information

Address 10154 Hillhaven Ave
City Tujunga
State CA
Zip 91042
County Los Angeles
Listing Agent Raffi Soualian DRE #01887303
Co-Listing Agent Taline Soualian DRE #01937721
Courtesy Of JohnHart Real Estate
MLS GD23202180
List Price $1,370,000
Status Active
Type MultiFamily
Structure Size 2,649 sqft
Lot Size 12,009 sqft
Year Built 1952

Maps

Listing information courtesy of: Raffi Soualian, Taline Soualian, JohnHart Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of 05/02/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.