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10219 Commerce Avenue, Tujunga, CA 91042
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$3,250,000
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Home Details for 10219 Commerce Avenue
Price
$3,250,000
Type
Condo/Townhome
Year Build
1987
Lot Size
0.2379
County
Los Angeles
Garage
10
MLS®️ Listing#
SR25159818
On exitrealty.com
157 days
Property Description
We are pleased to present this unique 12 unit investment opportunity in the emerging market of Tujunga Ca. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option.
Built in 1987, the building is comprise of (6) 2+2s & (6) 1+1s all with central ACV, fireplaces, enclosed garages (which can possibly be converted to ADUs?, buyer to verify)Fully occupied, significant upside, month to month tenancy.
*** Also available with sister property 4 doors down at 10129 Commerce Ave for a portfolio purchase of 24 units $6.5M (not requiring on site manager/expense) ***
This is a rare opportunity to acquire one or two well-maintained multifamily assets in low inventory market with:
• Cash flow from day one
• Clear upside through rent increases and ADU development (buyer to verify)
• Located in a market poised for long-term appreciation
*** For offering memorandum contact listing agent ***
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Listing Courtesy: Keller Williams World Media Center - info@alexanianadvisors.com. Presented by: Levon Alexanian
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 16:00:34 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.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$3,250,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.