10129 Commerce Ave Tujunga, CA 91042
Estimated payment $20,172/month
Highlights
- Golf Course Community
- Near a National Forest
- Park
- Verdugo Hills Senior High School Rated A-
- Hiking Trails
- 1-minute walk to Little Landers Park
About This Home
We are pleased to present this unique 12 unit investment opportunity in the emerging market of Tujunga Ca. Situated only 5 minutes to La Crescenta/Montrose and 7 minutes to Glendale, Tujunga continues to experience a major influx of renters seeking immediate access to local amenities and workforce while achieving a more affordable housing option. Built in 1987, the building is comprise of (6) 2+2s & (6) 1+1s all with central ACV, fireplaces, enclosed garages (which can possibly be converted to ADUs?, buyer to verify)Fully occupied, significant upside, month to month tenancy. *** Also available with sister property 4 doors down at 10219 Commerce Ave for a portfolio purchase of 24 units $6.5M (not requiring on site manager/expense) *** This is a rare opportunity to acquire one or two well-maintained multifamily assets in low inventory market with:
• Cash flow from day one
• Clear upside through rent increases and ADU development (buyer to verify)
• Located in a market poised for long-term appreciation Area Benefits:
Tujunga is an increasingly attractive rental pocket in Northeast Los Angeles that offers both stability and upside: • Affordability Pressure from Neighboring Markets:
Rents in nearby Burbank, Glendale, and La Crescenta have soared, pushing tenants toward Tujunga for more affordable options—while keeping you in proximity to major employment hubs like Studio City, Pasadena, and Downtown LA. • Residential Feel with Urban Access:
Tujunga combines quiet, low-density living with access to urban conveniences. With a Walk Score of 83, residents can walk to shops, cafes, schools, and transit. • Commuter-Friendly Location:
Close to major freeways (210, 5, 2) and key corridors. Ideal for working professionals and families who need access to the LA job market without paying premium rents. • Growing Local Amenities:
Retail, dining, and service amenities continue to improve in the area, increasing the neighborhood's livability and tenant retention. • Low Vacancy & Steady Demand:
Tujunga remains underbuilt compared to its neighbors, creating favorable supply/demand dynamics for landlords. *** For offering memorandum contact listing agent ***
Listing Agent
Keller Williams World Media Center Brokerage Email: info@alexanianadvisors.com License #00911091 Listed on: 07/16/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 10,382 Sq Ft Lot
- 1 Common Wall
- Density is 11-15 Units/Acre
Parking
- 10 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 9,944 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 65
- Assessor Parcel Number 2565013057
- $1,649 per year additional tax assessments
Community Details
Overview
- 12 Units
- Near a National Forest
- Foothills
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Horse Trails
- Hiking Trails
- Bike Trail
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $77,320
- Gross Income $23,381
- Net Operating Income $198,477
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,093 | $2,843,430 | $1,798,906 | $1,044,524 |
| 2024 | $35,093 | $2,787,678 | $1,763,634 | $1,024,044 |
| 2023 | $34,429 | $2,733,018 | $1,729,053 | $1,003,965 |
| 2022 | $32,864 | $2,679,430 | $1,695,150 | $984,280 |
| 2021 | $32,431 | $2,626,893 | $1,661,912 | $964,981 |
| 2019 | $31,481 | $2,548,980 | $1,612,620 | $936,360 |
| 2018 | $31,246 | $2,499,000 | $1,581,000 | $918,000 |
| 2016 | $21,835 | $1,734,837 | $1,090,407 | $644,430 |
| 2015 | $21,527 | $1,708,780 | $1,074,029 | $634,751 |
| 2014 | $21,664 | $1,675,309 | $1,052,991 | $622,318 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2025 12/17/25 | Pending | -- | -- | -- |
| 07/16/2025 07/16/25 | For Sale | $3,250,000 | -- | $327 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25159853
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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