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6850 Quinton Ln 880 SF 100% Leased Office Building Tujunga, CA 91042 $875,869 CAD ($995.31 CAD/SF) 5.16% Cap Rate



Executive Summary
Duplex in good area of Tujunga! Includes 2 remodeled units each 1 bedroom/1 bath, each with W/D hook ups and private backyard. Great investment for residential and/or owner-occupied use or commercial (if purchased with property next door 6851 Foothill blvd $529,999) ! Additional highlights all copper plumbing, new electrical panel, newer roof, include 3 paver parking, potential adding 2nd ADU development opportunity in the backyard and potential about 5% cap rate. There is also the opportunity to buy one contiguous property next door, currently listed for sale $549,999, with the potential owning 3 rental units. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in downtown Glendale, Burbank, Silver Lake, Atwater Village, Walt Disney Studios and the Rose Parade route. This treasured duplex reflects true pride of ownership and is a superb investment property that will not last long in this hot market!
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
880 SF
Building Class
C
Year Built
1946
Price
$875,869 CAD
Price Per SF
$995.31 CAD
Cap Rate
5.16%
NOI
$45,184 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
440 SF
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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Presented by
Markarian Realty
6850 Quinton Ln
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