7317 Tujunga Avenue, North Hollywood, CA 91605
List Price: $1.05M
Listing Status: Active
Original List Price: $1.1M
0Days on Market: 54
5 Bedrooms · 3 Bathrooms · 1,915 sq ft
Property Type: Residential
Year Built: 1947
Lot Size: 6,506 sq ft
Private Pool: Yes
MLS Number: 26662157
About This Property
Price Reduced! | SFR + ADU | 5.6% Cap | 12.7 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained 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 flexibility and ease of management. The property is stabilized with in-place income, ideal for investors seeking a low-maintenance asset. At the current asking price, the property reflects approximately a 5.1% cap rate and 13.4 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 provided by: Daniel Shamooelian DRE #01984269 310-432-6400 daniel@dsrealestate.com, Keller Williams Beverly Hills
Source: CRMLS, MLS #: 26662157
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.