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Attention Investors & Developers – Brand New 5-Unit Investment Opportunity in Prime Sunland/Tujunga! Welcome to 10608 Turnbow Street, a rare opportunity to own a newly constructed five-unit income property in one of the Northeast San Fernando Valley’s fastest-growing rental markets. Featuring four beautifully built residential units plus an approved approximately 620 sq. ft. ADU, this exceptional investment, allowing the new owner to immediately lease at current market rents and maximize cash flow. The property offers approximately 2,842 square feet of living space on a 6,938 square foot lot and has been thoughtfully designed with five separate utility meters for gas, water, and electricity, helping reduce owner expenses while increasing long-term investment efficiency. Ideally located just off the Sunland Boulevard exit of the 210 Freeway, the property sits at the gateway of Sunland and Tujunga, providing convenient access throughout the San Fernando Valley, Glendale, Pasadena, Burbank, and Downtown Los Angeles. Residents will enjoy being within walking distance of shopping, restaurants, grocery stores, parks, and everyday conveniences. The location is served by well-known local schools including Sunland Elementary School, Mt. Gleason Middle School, and Verdugo Hills High School. Outdoor enthusiasts will appreciate the close proximity to Hansen Dam Recreation Area, Verdugo Mountains Open Space Preserve, La Tuna Canyon, and the Angeles National Forest, offering endless opportunities for hiking, biking, horseback riding, golf, and year-round recreation. Major destinations such as Dodger Stadium, Old Town Pasadena, Universal Studios Hollywood, and Downtown Los Angeles are all within a convenient drive, making this an attractive location for tenants seeking both suburban comfort and city accessibility. Whether you’re expanding your real estate portfolio or completing a 1031 exchange, this turnkey five-unit property presents a rare opportunity to establish immediate rental income with outstanding long-term appreciation potential in one of Los Angeles’ most desirable foothill communities.
Listing agent: Gustavo Rodriguez DRE #01937004 grodriguez@blvdestate.com, Listing office: BLVD ESTATE PROPERTIES
MLS data updated 10/17/2026, 12:23:21 AM PT
Source: CRMLS, MLS #: SR26168540
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 22, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,999,900Asking price recorded · Sep 22, 2026ZIP 91040 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.