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6940 Foothill Boulevard , Tujunga, CA 91042
$1,590,000
Est. Payment: $8,000.63/mo
5 Bed
3 Bath
0 Sqft
Status: active | Days on site: 16
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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.
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Highlights

Listed by Arthur Mangassarian , 818-636-8899 and Toma Barseghian , 818-472-5555 Re/Max Tri-City Realty , 818-409-0040. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.28

County

Los Angeles

Listing ID

GD26158707

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$8,001
Taxes
$1,014

Home Price

$1,590,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$318,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,000.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,000.63 $1,013.63 $0.00 $9,014.25
Yearly $96,007.54 $12,163.50 $0.00 $108,171.04
Total $2,880,226.31 $364,905.00 $0.00 $3,245,131.31

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Tujunga, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T22:20:38.000Z

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