10129 Commerce Ave

Tujunga, CA 91042

$3,250,000
Price
3
Beds
18
Baths
9,944 Sq. Ft.
$327 / Sq. Ft.
9,944
Sq. Ft.
$327
per Sq. Ft.
Pending
Pending

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?...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 10219 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


Area Benefits:
Tujunga is an increasingly attractive rental pocket in Northeast Los Angeles that offers both stability and upside:

• Affordability Pressure from Neighboring Markets:
Rents in nearby Burbank, Glendale, and La Crescenta have soared, pushing tenants toward Tujunga for more affordable options—while keeping you in proximity to major employment hubs like Studio City, Pasadena, and Downtown LA. 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


Area Benefits:
Tujunga is an increasingly attractive rental pocket in Northeast Los Angeles that offers both stability and upside:

• Affordability Pressure from Neighboring Markets:
Rents in nearby Burbank, Glendale, and La Crescenta have soared, pushing tenants toward Tujunga for more affordable options—while keeping you in proximity to major employment hubs like Studio City, Pasadena, and Downtown LA • Residential Feel with Urban Access:
Tujunga combines quiet, low-density living with access to urban conveniences. With a Walk Score of 83, residents can walk to shops, cafes, schools, and transit. With a Walk Score of 83, residents can walk to shops, cafes, schools, and transit • Commuter-Friendly Location:
Close to major freeways (210, 5, 2) and key corridors. Ideal for working professionals and families who need access to the LA job market without paying premium rents. Ideal for working professionals and families who need access to the LA job market without paying premium rents • Growing Local Amenities:
Retail, dining, and service amenities continue to improve in the area, increasing the neighborhood's livability and tenant retention. • Growing Local Amenities:
Retail, dining, and service amenities continue to improve in the area, increasing the neighborhood's livability and tenant retention • Low Vacancy & Steady Demand:
Tujunga remains underbuilt compared to its neighbors, creating favorable supply/demand dynamics for landlords. For offering memorandum contact listing agent
  1. Listed by Levon Alexanian • DRE #00911091 • Brokerage DRE #01521876 • Keller Williams World Media Center • info@alexanianadvisors.com

Property Details for 10129 Commerce Avenue

Parking Spaces Total
10
Private Pool
No
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
9944
Assessor Parcel Number
2565-013-057
Property Attached YN
true
LISTING UPDATED: 01/06/2026 06:41 AM

Property Details for 10129 Commerce Avenue

StatusPending
MLS #SR25159853
Days on Market154
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1987
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams World Media Center, Levon Alexanian, DRE #00911091
Add your commute

Building Information for 10129 Commerce Avenue

Building/Complex10129 Commerce AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1987Building Size-

Payment Calculator

$18,804 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,840

Property Taxes

$2,964

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10129 Commerce Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $23,381
  • Gross Scheduled Income: $280,572
  • Net Operating Income: $198,477
Expense Details
  • Operating Expense: $77,320
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $77,320
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 1012.21
  • CFD/Mello-Roos Fee: $1,649
  • Tax Lot: 65
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Curbs, Foothills, Golf, Hiking, Horse Trails, Park, Street Lights, Suburban
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Parking Garage Spaces: 10
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,047
  • Unit Type Total Rent: $12,281
  • Unit Type Pro Forma: 13800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,766
  • Unit Type Total Rent: $10,598
  • Unit Type Pro Forma: 11100
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1

Property History for 10129 Commerce Avenue

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Pending

CRMLS #SR25159853

—
Dec 17, 2025

Pending

SDMLS #SR25159853

—
Dec 17, 2025

Pending

CLAW #SR25159853MR

—
Oct 23, 2025

Accepting Backup Offers

CRMLS #SR25159853

—
Oct 23, 2025

Accepting Backup Offers

CLAW #SR25159853MR

—
Oct 23, 2025

Accepting Backup Offers

SDMLS #SR25159853

—
Jul 16, 2025

Listed (Active)

CLAW #SR25159853MR

$3,250,000—
Jul 16, 2025

Listed (Active)

SDMLS #SR25159853

$3,250,000—
Jul 16, 2025

Listed (Active)

CRMLS #SR25159853

$3,250,000—
Jan 1, 2024

Expired

CRMLS #GD23202512

—
Dec 31, 2023

Expired

SDMLS #GD23202512

$3,999,000—
Oct 31, 2023

Withdrawn / Cancelled

SDMLS #GD23188180

—
Oct 31, 2023

Listed (Active)

SDMLS #GD23202512

$3,999,000—
Oct 31, 2023

Withdrawn / Cancelled

CRMLS #GD23188180

$4,199,000—
Oct 31, 2023

Listed (Active)

CRMLS #GD23202512

$3,999,000—
Oct 9, 2023

Listed (Active)

SDMLS #GD23188180

$4,199,000—
Oct 9, 2023

Listed (Active)

CRMLS #GD23188180

$4,199,000—
Jul 8, 2016

Sold (Public Record)

Public Record #574667564

$2,450,000

+7.0% / yr

Apr 16, 2010

Sold

CLAW #A09073460MR

$1,600,000—
Apr 16, 2010

Sold

CRMLS #A09073460

$1,600,000—
Feb 16, 2010

Sold (Public Record)

Public Record #287107008

$1,591,000

+5.4% / yr

Feb 3, 2010

Pending

CRMLS #A09073460

—
Feb 3, 2010

Pending

CLAW #A09073460MR

—
Jul 7, 2009

Listed (Active)

CRMLS #A09073460

$1,800,000—
Jul 7, 2009

Listed (Active)

CLAW #A09073460MR

$1,800,000—
Nov 7, 2002

Sold (Public Record)

Public Record #102753826

$1,085,000—
DateEvent & SourcePrice
01/06/2026

Pending

CRMLS #SR25159853

—
12/17/2025

Pending

SDMLS #SR25159853

—
12/17/2025

Pending

CLAW #SR25159853MR

—
10/23/2025

Accepting Backup Offers

CRMLS #SR25159853

—
10/23/2025

Accepting Backup Offers

CLAW #SR25159853MR

—
10/23/2025

Accepting Backup Offers

SDMLS #SR25159853

—
07/16/2025

Listed (Active)

CLAW #SR25159853MR

$3,250,000
07/16/2025

Listed (Active)

SDMLS #SR25159853

$3,250,000
07/16/2025

Listed (Active)

CRMLS #SR25159853

$3,250,000
01/01/2024

Expired

CRMLS #GD23202512

—
12/31/2023

Expired

SDMLS #GD23202512

$3,999,000
10/31/2023

Withdrawn / Cancelled

SDMLS #GD23188180

—
10/31/2023

Listed (Active)

SDMLS #GD23202512

$3,999,000
10/31/2023

Withdrawn / Cancelled

CRMLS #GD23188180

$4,199,000
10/31/2023

Listed (Active)

CRMLS #GD23202512

$3,999,000
10/09/2023

Listed (Active)

SDMLS #GD23188180

$4,199,000
10/09/2023

Listed (Active)

CRMLS #GD23188180

$4,199,000
07/08/2016

Sold (Public Record)

Public Record #574667564

$2,450,000

+7.0% / yr

04/16/2010

Sold

CLAW #A09073460MR

$1,600,000
04/16/2010

Sold

CRMLS #A09073460

$1,600,000
02/16/2010

Sold (Public Record)

Public Record #287107008

$1,591,000

+5.4% / yr

02/03/2010

Pending

CRMLS #A09073460

—
02/03/2010

Pending

CLAW #A09073460MR

—
07/07/2009

Listed (Active)

CRMLS #A09073460

$1,800,000
07/07/2009

Listed (Active)

CLAW #A09073460MR

$1,800,000
11/07/2002

Sold (Public Record)

Public Record #102753826

$1,085,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10129 Commerce Avenue

Taxable ValueLand$1,798,906Additions$1,044,524Total$2,843,430
Tax Record2025$35,564 ($2,964 / month)
Home Facts
Total Finished SqFt9,944 SqFtAbove Grade Finished SqFt9,944 SqFtLot Size10,382 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLAR3CountyLOS ANGELESAPN2565-013-057

Schools near 10129 Commerce Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Pinewood Avenue Elementary School
Public - K to 5
Mt. Gleason Middle School
Public - 6 to 8
Verdugo Hills Senior High School
Public - 9 to 12
Mt. Lukens Continuation School
Public - 9 to 12
Rating
School
Distance
Pinewood Avenue Elementary School
PublicK to 5

Mt. Gleason Middle School
Public6 to 8

Verdugo Hills Senior High School
Public9 to 12

Mt. Lukens Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams World Media Center, Levon Alexanian, DRE #00911091

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.