7317 Tujunga Avenue, North Hollywood, CA 91605
- $975,000
- 5
- BD
- 3
- BA
- 1,915
- SqFt
- List Price
- $975,000
- Price Change
- ▼ $24,000 1785286680
- Status
- ACTIVE
- MLS#
- 26662157
- Year Built
- 1947
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 1,915
- Lot Size
- 6,506
- Acres
- 0.15
- Days on Market
- 147
- Property Type
- Single Family Residential
- Style
- See Remarks
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
Now Offered Under $1M | Turnkey SFR + ADU | 6.1% Cap | 12.5 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained, income-producing 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 $2,482 per month. Total gross income is $6,482 per month ($77,784 annually). Both units have separate gas and electrical meters, providing ease of management and operational flexibility. The property is stabilized with in-place income, making it ideal for investors seeking a low-maintenance asset with immediate cash flow. At the current asking price, the property reflects approximately a 6.1% cap rate and 12.5 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.
Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Daniel Shamooelian (daniel@dsrealestate.com) from Listing Office: Keller Williams Beverly Hills.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.