7317 Tujunga Ave, North Hollywood, CA 91605
7317 Tujunga Ave, North Hollywood, CA 91605
7317 Tujunga Ave, North Hollywood, CA 91605
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$1,050,000
Est. payment /mo
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5 Beds
3 Baths
1,915 SqFt
Price Dropped by $50K

7317 Tujunga Ave North Hollywood, CA 91605

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,915 sqft

Price per Sqft $548

MLS Listing ID 26662157

Style Other

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1947

Lot Size 6,506 Sqft

Acres 0.1494

Property Sub-Type Single Family Residence

Property 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

State CA

County Los Angeles

Area North Hollywood

Zoning LAR1

Rooms

Other Rooms Accessory Bldgs

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Other

Fireplaces Type Living Room

Equipment Other

Laundry Room

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Building

Architectural Style Other

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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7317 Tujunga Ave