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10237 Commerce Avenue

Tujunga, CA 91042

– beds
– baths
– sqft
10,892 sqft lot
1957 build
– on site

Presenting a turn key fully leased, well-maintained 8-unit multifamily asset offering immediate cash flow and significant upside potential. The unit mix consists of six (1-bed/1-bath) and two (2-bed/1-bath) apartments, with multiple units recently renovated to include stainless steel appliances, updated flooring, full bathroom remodels, new recessed lighting, upgraded AC units, and carport with storage lockers. The property is thoughtfully upgraded for investor peace of mind with new electrical panels, water-conserving plumbing and fixtures, security doors, renovated carport, vigilant brush clearance, and full insurance coverage through 2025. On-site amenities include a modernized laundry room equipped with new Speed Queen machines generating additional income, 13 parking spaces 6 of which are covered and 7 open spaces, with additional monthly rental income from surplus parking. Strategically located with excellent freeway access and proximity to Glendale, Pasadena,and Burbank, the property sits on a deep 10,892 sq ft rectangular lot, offering potential for future development of a larger exempt building (buyer to verify). With a high projected rent upside on unit turnover in 2025-2026, this asset presents a compelling value-add opportunity in a high-demand rental market. The apartment building is located just north of Foothill Boulevard and a short distance from stores and eateries located on the boulevard. Please do not go on the property without listing agent.

Listed By CRMLS_CA / Alicia Brockwell / Keller Williams Realty Los Feliz

Last checked: Checking… • Last updated May 5, 2025 •

MLS# 25529323 —

The Building

Year Built:

1957
New Construction:

No
Construction Materials:

Concrete
Building Area Total:

5440.00
Total Number Of Units:

8
# of Buildings:

2
Architectural Style:

Contemporary
Roof:

Composition, Shingle
Exterior Features:

Rain Gutters
Stories Total:

2
Faces:

South
# of Separate Gas Meters:

8
# of Separate Electric Meters:

8

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Window Features:

Screens, Blinds, Bay Window(s)
Flooring:

Wood, Laminate
Fireplace:

No
Fireplace:

None
Laundry:

Washer Included, Dryer Included, Community
Laundry:

1

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Refer to Apple or Google Maps for exact location. North of Tujunga Canyon Blvd.
Latitude:

34.25509700
Longitude:

-118.28894900

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled, Repairs Cosmetic
Zoning:

LAR3
Lot Features:

Corners Marked, Front Yard, Landscaped, Rectangular Lot
Lot Size Area:

10892.0000
Lot Size Dimensions:

73x150
Lot Size Acres:

0.2500
Lot Size SqFt:

10892.00
View:

None
Security Features:

Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Smoke Detector(s)

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2565012040

Heating & Cooling

Heating:

1
Heating:

Natural Gas, Wall Furnace
Cooling:

Yes
Cooling:

Electric

Utilities

Sewer:

Sewer Paid
Water Source:

Public

Appliances

Appliances:

Dishwasher, Refrigerator, Vented Exhaust Fan, Gas Cooktop, Gas Oven
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No

Parking

Parking:

Yes
Parking:

Carport, Detached Carport, Assigned, Driveway, Built-In Storage, Direct Garage Access, Covered
Parking Spaces:

13.00
Uncovered Spaces:

7.00
Carport Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/23/25 Apr 23, 2025	Listed / Active	CRMLS_CA	$1,995,000
4/9/24 Apr 9, 2024	Listed / Active	CRMLS_CA

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This multifamily located in North Valley, Los Angeles, CA 91042 is currently for sale for $1,995,000. 10237 Commerce Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 26 days. 10237 Commerce Avenue is in the North Valley neighborhood of Los Angeles and has a WalkScore® of 77, making it very walkable.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty Los Feliz. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on May 19.

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.