Property Detail

Description

RARE DOUBLE-INVESTMENT OPPORTUNITY!!! *** TWO FIXERS *** in excellent Tujunga location! This unique offering presents two connected parcels being sold together, creating a versatile opportunity for investors, builders, or buyers ready to roll up their sleeves. This property features a Triplex and its “sister” property whose back yard is joined to the back yard of the Triplex – is at 10448 Mountair Ave. (APN #2558-019-004, MLS# SR26059816). On the Mountair property, there is a small single-family home on a beautiful street, for a total price of $996,000 for both. This is PRICED WELL BELOW a recent professional appraisal at $1,050,000 – the properties were appraised in their current condition which includes major deferred maintenance of the dwellings and the highest level of “Hoarder Décor” in both back yards that will reward vision and effort. Why the two-fer? Because curiously, the garage intended for the Triplex is in the backyard of the single-family home on Mountair. So, like a bonded set of kittens, these lots need to be sold together. It’s up to you to decide whether to fix ‘em up and rent ‘em out, or bring out the wrecking ball and start fresh. Current occupants are in place but have not been paying, and they will transfer with the sale. Seller will do the government-required retrofitting, otherwise the properties are sold in their present condition with no further repairs. Imagine the possibilities!