6940 Foothill Boulevard , Tujunga, CA 91042
$1,590,000
Est. Payment: $8,000.63/mo
5 Bed
3 Bath
3225 Sqft
Status: active | Days on site: 13
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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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.

Highlights

Listed by Arthur Mangassarian , 818-549-9000 and Toma Barseghian , 818-472-5555 Re/Max Tri-City Realty , 818-409-0040. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

1928

County

Los Angeles

Area

659 - Sunland/Tujunga

Listing ID

GD26158707

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:6
Others:2+ Total Units
Sewer:Public Sewer,Sewer Tap Paid
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.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T20:35:47.000Z

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