6940 Foothill Boulevard, Tujunga, CA 91042
6940 Foothill Boulevard, Tujunga, CA 91042
6940 Foothill Boulevard, Tujunga, CA 91042
9
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$1,590,000
Est. payment /mo
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5 Beds
3 Baths
0.28 Acres Lot
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6940 Foothill Boulevard Tujunga, CA 91042

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Martha Barragan

Martha Barragan

+1(619) 500-4046

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26158707

Bedrooms 5

Lot Size 0.278 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Unlock incredible versatility and strong cash flow with this premier eight-unit mixed-use property situated on high-visibility commercial land. Boasting one hundred feet of premium street frontage, this unique asset features four residential units and four storefront retail spaces. It offers an ideal setup for an investor seeking a diversified income stream, or an owner-user looking to occupy the front retail spaces or residential quarters while letting the remaining units subsidize the mortgage. Beyond its immediate income-generating power, the property offers exceptional value-add and redevelopment upside. Investors can choose to remodel the existing structures, utilizing the generous lot space to add accessory dwelling units or expand the commercial footprint. Alternatively, the site is an excellent candidate for complete redevelopment, allowing a buyer to demolish the current structure and construct a brand-new apartment complex, a larger commercial facility, or a modern mixed-use project featuring ground-floor retail with residential units above. This versatile property is being sold in its present as-is condition and has been priced competitively to reflect its incredible future potential. To help expedite the acquisition, a prospective lender is already in place with financing available at forty percent down. Whether you choose to collect steady rent, occupy the space, or redevelop from the ground up, this property represents a rare and lucrative footprint in a prime commercial corridor.

Location

State CA

County Los Angeles

Zoning Assessor

Direction lowell to foothill turn left

Interior

Fireplace No

Exterior

Utilities Available Sewer Connected

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 2564005025

MLS Router / San Diego MLS
Listed by Arthur Mangassarian, DRE#00751703 Re/Max Tri-City Realty 

NEARBY SCHOOL & BUSINESS

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Martha Barragan

Martha Barragan

Agent | License ID: DRE 01358280

+1(619) 500-4046

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6940 Foothill Boulevard

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