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$1,299,000
Est. payment /mo
4 Beds
2 Baths
6,240 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26095933
Bedrooms 4
Lot Size 6,240 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
THOUGHTFULLY RENOVATED DUPLEX FOR HOME LIVING, RENTAL INCOME, AND MULTI-ADU OPPORTUNITY. Nestled in Studio City's historic Tujunga Village, this beautifully renovated duplex offers a rare chance to invest in one of the neighborhood's charming pockets. Enjoy your home (front or back unit) while subsidizing monthly mortgage payments with rental income from the other, or, rent both units out. PROPERTY INCLUDES 2 UNITS. Each unit features 2-bedroom, 1-bathroom designs that have been thoughtfully updated and equipped for comfortable everyday living. FRONT UNIT (4538 Tujunga Ave): 940 sq ft features a living room, in-unit washer/dryer, two-car side-by-side driveway parking, gas range/oven, refrigerator, dishwasher, and microwave range. It is currently tenant-occupied at monthly income payments of $3,060 with the potential for $3,700 a month in rent. BACK UNIT (4536 Tujunga Ave): 840 sq ft feels like a private retreat and features an expansive private rear yard, detached garage/storage, in-unit washer/dryer, dishwasher, refrigerator, gas oven/range, BBQ grill, and microwave range. MULTIPLE ADU OPPORTUNITY: Garage conversion plans for a 347 SF ADU were previously approved (May 2023) and can be resubmitted for streamlined city review. Potential for a second ADU in generous rear yard, subject to City approval. This duplex property offers immediate access to some of the areas best shopping, dining, and cafs, including Aroma Coffee and Jon & Vinnys. Erewhon, Trader Joes, and the vibrant Ventura Boulevard dining scene are all just minutes away. The property also enjoys close proximity t
Location
State CA
County Los Angeles
Zoning Assessor
Direction From the 101 exit Vineland Ave and head north. Turn left on Moorpark St and head west. Turn right on Tujunga Ave and head north.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2366001012
Acceptable Financing Conventional, Exchange
Listing Terms Conventional, Exchange
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Listed by Julian Nan, DRE#01928893 Del Rey Residential
Nearby School & Business
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