6940 Foothill Blvd Tujunga, CA 91042
Tujunga AreaEstimated payment $10,229/month
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.
Listing Agent
Re/Max Tri-City Realty Brokerage Phone: 818-636-8899 License #00751703 Listed on: 07/21/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: GD26158707
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Ask me questions while you tour the home.