$1,590,000

6938 Foothill Blvd Tujunga, CA 91042

Tujunga Area

Estimated payment $10,229/month

5 Beds
3 Baths
3,225 Sq Ft
$493 Price per Sq Ft

About This Home

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.
CALL LISTING AGENTS FOR ALL DETAILS

Listing Agent

Arthur Mangassarian

Re/Max Tri-City Realty Brokerage Phone: 818-636-8899 License #00751703 Listed on: 07/21/2026

Re/Max Tri-City Realty

Co-Listing Agent

Tom Barseghian

Redfin Corporation Brokerage Phone: 818-636-8899 License #01503467

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 12,119 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre
  • 2564005021

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,225 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 1406
  • Assessor Parcel Number 2564005025
  • $356 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Insurance Expense $3,000
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • Operating Expense $34,000
  • Gross Income $111,744
  • Net Operating Income $77,744

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0.28 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2564005025
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 493.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Sewer Paid, Public Sewer
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2564005021
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12119.00
  • Lot Size Acres: 0.2782

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 111744.00
  • Gross Operating Income: 105750.00
  • Gross Scheduled Income: 111744.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 12119.0000 Square Feet
  • Net Operating Income: 77744.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 34000.00
  • Rent Control: Yes
  • Total Expenses: 34000.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 1406
  • TaxOtherAnnualAssessmentAmount: 356.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2026 07/21/26 For Sale $1,590,000 -- $493 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD26158707

California Regional Multiple Listing Service (CRMLS)
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