10230 Fernglen Avenue

Tujunga, CA 91042

$1,475,000
Last Sold Price
9
Beds
7
Baths
3,965 Sq. Ft.
$372 / Sq. Ft.
3,965
Sq. Ft.
$372
per Sq. Ft.

Description

We are pleased to present 10230 Fernglen Avenue, a 7-unit apartment building in Tujunga, CA. First time on the market in almost 20 years, 10230 Fernglen Avenue is comprised of three (3) 2-bedroom 1-bathroom, three (3) 1-bedroom 1-bathroom, and one (1) studio units for a total living area of 3,965 sqft, situated on a large 9,633 sqft lot. The owner has made some updates throughout the units. The 2-bedroom units feature new windows and all but two of the units have been upgraded to copper plumbing....We are pleased to present 10230 Fernglen Avenue, a 7-unit apartment building in Tujunga, CA. First time on the market in almost 20 years, 10230 Fernglen Avenue is comprised of three (3) 2-bedroom 1-bathroom, three (3) 1-bedroom 1-bathroom, and one (1) studio units for a total living area of 3,965 sqft, situated on a large 9,633 sqft lot. The owner has made some updates throughout the units. The 2-bedroom units feature new windows and all but two of the units have been upgraded to copper plumbing. The back 1-bedroom has been remodeled throughout. The studio unit was fully remodeled, featuring tile flooring in the bathroom and laminate flooring in the living area and kitchen, fresh paint, wall A/C, new light fixtures, new vanity, new toilet, new medicine cabinet, new toilet in the shower enclosure, new cabinets in the kitchen, new granite counter tops in the kitchen and new ceiling fan in the living area and a new stove. 10230 Fernglen Ave is located in a quiet residential neighborhood with a walk score of 77. The property is also in close proximity to North Hollywood, Burbank, the Hollywood Burbank Airport, Angeles National Golf Course, the Hansen Dam Golf Course and Aquatic Center, Universal Studios, Hollywood, Warner Brother Studios, Walt Disney Studios, and the Los Angeles Zoo. This is a unique opportunity to for an owner-user and investor alike to acquire income property in a sought-after area of Los Angeles County with minimal inventory.
  1. Listed by Nico Rosmarin • DRE #02023847 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 10230 Fernglen Avenue

Parking Spaces Total
7
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3965
Assessor Parcel Number
2558-024-019
Property Attached YN
true

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Nico Rosmarin, DRE #02023847

Sold By JohnHart Real Estate, Susanna Gasparyan, DRE #01480520

Add your commute
LISTING UPDATED: 02/23/2021 03:35 AM

Property Details for 10230 Fernglen Avenue

StatusClosed
MLS #SB20236356
Days on Market53
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.22 AC / 9,633 SF
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Nico Rosmarin, DRE #02023847

Sold By JohnHart Real Estate, Susanna Gasparyan, DRE #01480520

Add your commute

Building Information for 10230 Fernglen Avenue

Stories-Residences-Year Built1953Building Size-Lot Size0.22 AC / 9,633 SF

Payment Calculator

$9,669 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$1,619

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10230 Fernglen Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $96,536
  • Gross Scheduled Income: $96,536
  • Net Operating Income: $59,989
  • Financing: Conventional
Expense Details
  • Operating Expense: $33,651
  • New Taxes Expense: $18,982
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,388
  • Maintenance Expense: $3,500
  • Professional Management Expense: $4,682
  • Trash Expense: $1,200
  • Water Sewer Expense: $3,000
  • Total Expenses: $33,651
Tax / Assessment Info
  • Tax Tract Number: 3949
  • Tax Census Tract: 1012.10
  • Tax Lot: 3507
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Hiking, Mountainous
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999, Rectangular Lot
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 7
  • Open Other Spaces Total: 7
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,185
  • Unit Type Total Rent: $1,185
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,145
  • Unit Type Total Rent: $1,145
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,077
  • Unit Type Total Rent: $1,077
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,059
  • Unit Type Total Rent: $1,059
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $898
  • Unit Type Total Rent: $898
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,185
  • Unit Type Total Rent: $1,185
  • Unit Type Pro Forma: 1250
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 10230 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 10230 Fernglen Avenue

Taxable ValueLand$936,360Additions$598,230Total$1,534,590
Tax Record2023$19,429 ($1,619 / month)
Home Facts
Total Finished SqFt3,965 SqFtAbove Grade Finished SqFt3,965 SqFtLot Size9,633 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLARD1.5CountyLOS ANGELESAPN2558-024-019

Schools near 10230 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
Charter - K to 4
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

KIPP Empower Academy
CharterK to 4

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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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Nico Rosmarin, DRE #02023847

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.