10108 Fernglen Avenue

Los Angeles, CA 91042

$1,300,000
Price
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Beds
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per Sq. Ft.

Description

Introducing a prime investment opportunity in Tujunga, RD1 Zoned commercial property comprising three buildings, each featuring two units, totaling six units ideal for investors. Four units are currently leased on a month-to-month basis, generating $3,800 in monthly income, while two units have been meticulously renovated and three units will be delivered vacant for the new owner to set the market rent. The 2 vacant units offers contemporary living spaces with modern finishes, including sleek cabinetry,...Introducing a prime investment opportunity in Tujunga, RD1 Zoned commercial property comprising three buildings, each featuring two units, totaling six units ideal for investors. Four units are currently leased on a month-to-month basis, generating $3,800 in monthly income, while two units have been meticulously renovated and three units will be delivered vacant for the new owner to set the market rent. The 2 vacant units offers contemporary living spaces with modern finishes, including sleek cabinetry, quartz countertops, alongside comfortable bedrooms with ample closet space. Updated bathrooms feature contemporary fixtures, and laundry facilities are conveniently located within each unit. Outside, tenants can enjoy a stunning mountain views. With its income potential and prime location, this property promises strong returns and long-term growth prospects, making it an attractive investment opportunity for savvy buyers looking to expand their portfolio or start their real estate journey. Don't miss out on this rare chance to own an investment property in a highly desirable location - schedule a viewing today!
  1. Listed by Paola Portillo • DRE #01914543 • Sync Brokerage

Property Details for 10108 Fernglen Avenue

Subdivision Name
Not Applicable
Garage Spaces
.00
View
None

Location

Listing Courtesy of Sync Brokerage, Paola Portillo, DRE #01914543
Add your commute
LISTING UPDATED: 04/11/2024 09:06 AM

Property Details for 10108 Fernglen Avenue

StatusActive
MLS #P1-16837
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.22 AC / 9,475 SF
CountyLos Angeles County

Location

Listing Courtesy of Sync Brokerage, Paola Portillo, DRE #01914543
Add your commute

Building Information for 10108 Fernglen Avenue

Stories-Residences-Year Built1940Building Size-Lot Size0.22 AC / 9,475 SF

Payment Calculator

$8,277 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$1,182

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10108 Fernglen Avenue

Summary
Location and General Information
  • Community Features: Sidewalks, Street Lights
  • City: Los Angeles
  • Country: US
  • Directions: From Foothill Blvd turn on Valmont St and then left on Ferglen Av.
  • Area: 659 - Sunland/Tujunga
  • Postal Code Plus4: 2216
  • Unparsed Address: 10108 Fernglen Avenue Avenue, Los Angeles, CA 91042
Parking
  • Parking Features: Paved, Driveway
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Acres: .22
  • Lot Size Square Feet: 9,475.00
  • Lot Size Area: 9,475.00
  • Lot Size Units: Square Feet
  • Parcel Number: 2558023039
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: No Common Walls
  • Documents Count: 0
  • Property Attached: No
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: Yes
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
Interior Features
  • Appliances: None
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Yes
  • Interior Features: Tandem
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • View: No
  • Levels: One
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $3,865.00
  • Net Operating Income: $9,805.00
  • Insurance Expense: $.00
  • Number Of Buildings: 3
  • Number Of Units Leased: 4
  • Operating Expense: $2,155.00
  • Special Listing Conditions: Standard
  • Trash Expense: $503.00

Property History for 10108 Fernglen Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 10108 Fernglen Avenue

Taxable ValueLand$448,800Additions$683,400Total$1,132,200
Tax Record2023$14,188 ($1,182 / month)
Home Facts
Total Finished SqFt2,950 SqFtAbove Grade Finished SqFt2,950 SqFtLot Size9,475 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningLARD1.5CountyLOS ANGELESAPN2558-023-039

Schools near 10108 Fernglen Avenue

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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Similar Sold Homes

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10108 Fernglen Avenue is a multi-family home for sale in Los Angeles, CA 91042. This property was listed for sale on March 13, 2024 by Sync Brokerage, it's currently listed at $1,300,000. It has been on the market for a total of 47 days and was last sold on November 29, 2021. 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. 10108 Fernglen Avenue is a 0-bed, 0-bath, multi-family home built in 1940.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sync Brokerage, Paola Portillo, DRE #01914543

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.