10219 Commerce

$6,500,000
Price
3
Beds
36
Baths
20,414 Sq. Ft.
$318 / Sq. Ft.
20,414
Sq. Ft.
$318
per Sq. Ft.

Description

We are pleased to present this unique 24 units + 2 n.c investment opportunity in the emerging market of Tujunga Ca. Max state allowable increases (ab 1482) - no RSO. The 2 building portfolio was built in 1987, located on the same street just a couple buildings apart, comprised of (12) 2+2s & (12) 1+1s all with central AC, fireplaces, enclosed garages. Both buildings have a large storage space that already has kitchens and bathrooms which are not currently occupied. An astute investor will realize...We are pleased to present this unique 24 units + 2 n.c investment opportunity in the emerging market of Tujunga Ca. Max state allowable increases (ab 1482) - no RSO. The 2 building portfolio was built in 1987, located on the same street just a couple buildings apart, comprised of (12) 2+2s & (12) 1+1s all with central AC, fireplaces, enclosed garages. Both buildings have a large storage space that already has kitchens and bathrooms which are not currently occupied. An astute investor will realize that effectively there is 26 units without the requirement of an onsite manager with a market cap rate of 7.3%. Furthermore the enclosed garages might potential offer additional revenue via ADU conversion? Buyer to verify. 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. Just 3 miles to the Angelus National Golf Club.
  1. Listed by Levon Alexanian • DRE #00911091 • Brokerage DRE #01521876 • Keller Williams World Media Center • info@alexanianadvisors.com

Property Details for 10219 Commerce

Parking Spaces Total
10
Private Pool
No
Total Units
24.0
Building Type
Attached
Lot Size Source
Other
Living Area
20414
Assessor Parcel Number
2565-012-072
Property Attached YN
true
LISTING UPDATED: 09/09/2025 06:06 AM

Property Details for 10219 Commerce

StatusActive
MLS #SR25207289
Days on Market105
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 10219 Commerce

Building/Complex10219 CommerceFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1987Building Size-

Payment Calculator

$32,119 per month

30 year fixed, 6.28% Interest

Principal and Interest

$32,119

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10219 Commerce

Income / Expense / Tax Details
Income Details
  • Gross Income: $46,780
  • Gross Scheduled Income: $561,360
  • Net Operating Income: $407,556
Expense Details
  • Operating Expense: $153,804
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $153,804
Tax / Assessment Info
  • Tax Tract Number: .
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: .
Community / Development
Community / Development
  • Community Features: Biking, BLM/National Forest, Curbs, Foothills, Golf, Hiking, Horse Trails, Park, Sidewalks, Street Lights, Suburban
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: floor
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 21-25 Units/Acre
  • Number Of Units: 24
  • 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: 12
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,064
  • Unit Type Total Rent: $24,807
  • Unit Type Pro Forma: 27600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $21,003
  • Unit Type Pro Forma: 22200
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 10219 Commerce

DateEvent & SourcePriceAppreciation
Sep 9, 2025

Listed (Active)

CLAW #SR25207289MR

$6,500,000—
Sep 9, 2025

Listed (Active)

CRMLS #SR25207289

$6,500,000—
Sep 9, 2025

Listed (Active)

SDMLS #SR25207289

$6,500,000—
DateEvent & SourcePrice
09/09/2025

Listed (Active)

CLAW #SR25207289MR

$6,500,000
09/09/2025

Listed (Active)

CRMLS #SR25207289

$6,500,000
09/09/2025

Listed (Active)

SDMLS #SR25207289

$6,500,000

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

Schools near 10219 Commerce

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

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10219 Commerce is a multi-family home for sale in Tujunga, CA 91042. This property was listed for sale on September 9, 2025 by Keller Williams World Media Center, it's currently listed at $6,500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Pinewood Avenue Elementary School, Mt. Gleason Middle School and Verdugo Hills Senior High School. 10219 Commerce is a 3-bed, 36-bath, 20,414 sqft multi-family home built in 1987.

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.