$ 999,000
-
$999,000
Price -
5
Bed -
3
Bath -
1,915
SqFt
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About the Listing CLW-X74054 - CLW-C126012
Now Offered Under $1M | Turnkey SFR + ADU | 6% Cap | 12.7 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 5.9% cap rate and 12.7 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.
Listing Highlights
Status
Active
Days on Site
84
Property Type
Residential
MLS ®
26662157
Year Built
1947
Total Square Footage
1,915
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 52x123
- Zoning: LAR1
- Roof:
- Others:
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2316020003
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
7317 Tujunga Ave North Hollywood, CA 91605
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