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 10129 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 *** For offering memorandum contact listing agent ***
MLS #
CRSR25159818
MLS Source
California Regional MLS
Days on Site
4
Garage/Parking
Garage: 10 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
10219 Commerce Ave is a Residential Income in Tujunga, CA 91042. This – square foot property sits on a 10,361 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,250,000 and was built in 1987.
This address can also be written as 10219 Commerce Ave, Tujunga, CA 91042.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 16, 2025. For the most current information, please contact Levon Alexanian, (818) 239-1206