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7317 Tujunga Ave 2 Unit Apartment Building Offered at $1,753,096 CAD at a 6.10% Cap Rate North Hollywood, CA 91605



Executive Summary
Now Offered Under $1M! | Turnkey SFR + ADU | 6.1% Cap | 12.5 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained, income-producing property featuring a fully remodeled front home and a newly built detached ADU, both currently tenant-occupied. The front home (7317 Tujunga Ave) offers 3 bedrooms and 2 bathrooms and is currently rented at $4,000 per month. The detached ADU (7315 Tujunga Ave) features 2 bedrooms and 1 bathroom and is leased at $2,482 per month. Total gross income is $6,482 per month ($77,784 annually). Both units have separate gas and electrical meters, providing ease of management and operational flexibility. The property is stabilized with in-place income, making it ideal for investors seeking a low-maintenance asset with immediate cash flow. At the current asking price, the property reflects approximately a 6.1% cap rate and 12.5 GRM. Buyer to verify all financial information. Conveniently located just minutes from the NoHo Arts District, NoHo West shopping center, Trader Joe's, Regal Cinemas, LA Fitness, Costco, Burbank Airport, major freeways, and public transportation, supporting strong rental demand throughout the San Fernando Valley.
Property Facts
| Price | $1,753,096 CAD | No. Units | 2 |
| Price Per Unit | $876,548 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 1,915 SF |
| Cap Rate | 6.10% | No. Stories | 1 |
| Gross Rent Multiplier | 12.5 | Year Built | 1947 |
| Price | $1,753,096 CAD |
| Price Per Unit | $876,548 CAD |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| Gross Rent Multiplier | 12.5 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,915 SF |
| No. Stories | 1 |
| Year Built | 1947 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2316-020-003 | Improvements Assessment | $365,076 CAD |
| Land Assessment | $1,168,244 CAD | Total Assessment | $1,533,321 CAD |
Property Taxes
Parcel Number
2316-020-003
Land Assessment
$1,168,244 CAD
Improvements Assessment
$365,076 CAD
Total Assessment
$1,533,321 CAD
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7317 Tujunga Ave
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