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10345 Pinyon Avenue
Tujunga, CA 91042
Sold
We are proud to present 10345 Pinyon and 10345-12 Pinyon, a 7 unit multifamily property situated in Tujunga, CA. The property has two separate structures with two different addresses on one large 0.5 acre lot (approx. 22,000 square feet of land). This spacious piece of real estate houses six distinctive apartment units, each inclusive of an external parking space in a vast outdoor common area at the rear of the property. The subject property resides in a quiet residential neighborhood surrounded by single family homes. The multiunit subject property was grandfathered in by the City years ago, as the surrounding area is zoned LAR1, and even comes with an approved re-build letter which should provide the prospective investor with security should something ever happen to the property in the future.The subject property boasts an attractive unit mix of (2) Singles, (4) One-Bedroom Units, along with a detached 1,100 sq. ft. house above individual garages that can be rented as parking or storage for an additional income stream for the new investor. Enhancements to the house include a new front porch from 2013, a rear deck added in 2011, and an enviable view of the Valley.Beyond living spaces, the property is home to four garages and two storage rooms, all available for rent. Their sizes range from compact 9' x 11' spaces to more generous 28' x 20' areas. The garages, along with the abundance of unused square footage on the parcel, make this property an ideal candidate for future conversions, and/or additions through the ADU program. An additional highlight and added income stream is the on-site laundry facility equipped with washers and dryers, which generates an average monthly revenue of $150.
PROPERTY INFORMATION
| MLS # | 23321415 | Lot Size | 21,794 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,350,000
Price Per SqFt: $ 343 |
DOM | 573 Days |
| Address | 10345 Pinyon Avenue | Type | Residential Income |
| City | Tujunga | Sq.Ft. | 3,934 Sq. Ft. |
| Postal Code | 91042 | Garage | N/A |
| County | Los Angeles | Year Built | 1914 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1914 | Status | Closed |
| Sold Date | 2023-11-22 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,440
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/03/2023 | Pending | $1,350,000 |
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Listing provided courtesy of Filip Niculete, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
