Listing Agent: Daniel Shamooelian      Broker/Office: Keller Williams Beverly Hills
7317 Tujunga Avenue North Hollywood CA 91605
$ 1,050,000
  5   |    3   |    1915 Sq Feet

Listing ID

#26662157

Status

Active

Property Type

Single Family Residence

Property Style

See Remarks

County

Los Angeles

Year Built

1947

Days on website

30

Description
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 $2,890 per month. Total gross income is $6,890 per month ($82,680 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 5.6% cap rate and 12.7 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.
Location
Financial Information
List Price:  $ 1050000
Property Features
Heating:  Central
Levels:  One
Parking Features:  Driveway
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  NHO - North Hollywood
City:  North Hollywood
Listed By:   Daniel Shamooelian   Keller Williams Beverly Hills 
CA Lic#