10608 Turnbow, Sunland, CA 91040

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List Price
$1,999,900
Price Change
▼ $300,099 1790163383
Status
ACTIVE
MLS#
SR26168543
Year Built
1954
Lot Size
6,937
Acres
0.16
Days on Market
61
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Attention Investors & Developers – Newly Renovated 5-Unit Investment Opportunity in Sunland-Tujunga! Welcome to 10608 Turnbow, a rare opportunity to own a fully renovated five-unit income property in one of the Northeast San Fernando Valley's fastest-growing rental markets. The property features four renovated residential units plus a newly completed, approved approximately 620 sq. ft. two-bedroom ADU, giving the new owner the ability to lease at current market rents. Permits approved; certificates of occupancy approved and awaiting issuance. The property offers approximately 2,842 square feet of living space on an approximately 6,938 square foot lot and has been thoughtfully designed with separate utility meters for gas, water, and electricity for each unit, helping reduce owner expenses while increasing long-term investment efficiency. Renovations include AC, in-unit washer/dryer and vinyl flooring, with 7 on-site parking spaces. Ideally located just off the Sunland Boulevard exit of the 210 Freeway, the property sits at the gateway of Sunland and Tujunga, providing convenient access throughout the San Fernando Valley, Glendale, Pasadena, Burbank, and Downtown Los Angeles. Residents will enjoy being within walking distance of shopping, restaurants, grocery stores, parks, and everyday conveniences. The location is served by well-known local schools including Sunland Elementary School, Mt. Gleason Middle School, and Verdugo Hills High School. Outdoor enthusiasts will appreciate the close proximity to Hansen Dam Recreation Area, Verdugo Mountains Open Space Preserve, La Tuna Canyon, and the Angeles National Forest, offering endless opportunities for hiking, biking, horseback riding, golf, and year-round recreation. Whether you're expanding your real estate portfolio or completing a 1031 exchange, this five-unit property presents an opportunity to establish rental income with long-term appreciation potential in one of Los Angeles' most desirable foothill communities. Buyer to independently verify permits, certificates of occupancy, unit count, square footage and all investment calculations.

Additional Information

Cooling
Yes
Cooling Description
Ductless, Electric
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$11,900

Listing courtesy of Listing Agent: Gustavo Rodriguez (grodriguez@blvdestate.com) from Listing Office: BLVD ESTATE PROPERTIES.

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Calculator source: Real Geeks

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.