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6938 6940 Foothill BoulevardTujunga, CA 91042

Los Angeles County

$1,390,000List price
3,225Sq Ft
1928Year built
0.28Acre lot
6Garage
1Stories
2 weeks agoOn market

Description

Seller will carry with 25% down at 5% for 5 Years. Unlock incredible versatility and strong cash flow with this premier eight-unit mixed-use property situated on high-visibility commercial land. Boasting one hundred feet of premium street frontage, this unique asset features four residential units and four storefront retail spaces. It offers an ideal setup for an investor seeking a diversified income stream, or an owner-user looking to occupy the front retail spaces or residential quarters while letting the remaining units subsidize the mortgage. Beyond its immediate income-generating power, the property offers exceptional value-add and redevelopment upside. Investors can choose to remodel the existing structures, utilizing the generous lot space to add accessory dwelling units or expand the commercial footprint. Alternatively, the site is an excellent candidate for complete redevelopment, allowing a buyer to demolish the current structure and construct a brand-new apartment complex, a larger commercial facility, or a modern mixed-use project featuring ground-floor retail with residential units above. This versatile property is being sold in its present as-is condition and has been priced competitively to reflect its incredible future potential. To help expedite the acquisition, a prospective lender is already in place with financing available at forty percent down. Whether you choose to collect steady rent, occupy the space, or redevelop from the ground up, this property represents a rare and lucrative footprint in a prime commercial corridor.

Property Information

Property type
Residential Income
Sub-type
Apartment
Year built
1928
Stories
1
Building area
3,225 Sq Ft
Lot size
0.28 acres
Garage spaces
6
Parking spaces
6
Days on market
18
MLS® Listing#
GD26196566

Property Features

Pool
None
Laundry
None
Community
Curbs
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
2564005025

Directions

lowell to foothill turn left

Listing Courtesy: Re/Max Tri-City Realty - 818-636-8899

Presented by: Arthur Mangassarian and Toma Barseghian

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-07 and/or other sources. 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.

Licensed in the state of California.

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