Massive ROI on duplex in Tujunga, CA see pictures and details inside

Los Angeles County, Los Angeles, CA, 91042
Sold
Listed at: May 3rd, 2024
Price
$1,200,000
Sq. Footage
4166
Type
Multifamily
Parking
Assigned
Year build
1981
Lot size
11806.00 sqft
Bedrooms
10
Bathrooms
5
Half Bathrooms
0
Summary
There are two houses (+1 mother in law apartment) on one big lot... each property goes out to their own street. (check pictures on google drive for satellite view)...                                                                                     There is endless exit strageties but we believe the best use of this is to sub divide each unit and sell for 1M and 1.2 for the the one with the mother in law suite.lot split and sell each property individually...4 bedroom properties are selling for 1M+ in the area  + you have a possible ADU play                       
Property #1: Seller main house where seller lives: 5 beds 3 baths Property #2:  4 beds 2 baths                                                              Property #3: 1 bed mother in law apartment
From seller: "Everything is permitted except for bathroom upstairs" (see pictures below)                                                                                              COE: May 31,2024                                                                                                   7711 Forsythe St Tujunga, CA 91042
Seller Holdback -Seller Holdback: $50,000 until June 16th 2024. Escrow shall hold $50,000 from the
seller's proceeds to be released to seller upon confirmed vacancy/keys by buyer on
or before June 16th 2024. If seller fails to vacate by said due date, funds shall be
released to buyer."

 

Values in this area have been skyrocketing as more people relocate. It would be an excellent pick for any investor, whether you're looking to flip, buy and hold, or rent it.

 

💪 YOU CAN CLICK THE 🙌 WIN IT NOW BUTTON AND AVOID ALL THE BIDDING (WHICH WILL HAPPEN ON THIS DEAL) AND 🔐 LOCK IT DOWN RIGHT NOW 💥

We work with Realtors and Wholesalers! Please add your fee on top.

JOINT VENTURE?🤝

Need help moving a deal?

Leverage our 5 million cash buyers nationwide on cartel mode. Call or text US or Submit info to our WHOLE Dispo team here

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Yoni Rios

No reviews

Disposition manager