10448 Mountair Avenue

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 small single-family home, and… its “sister” property whose back yard is joined at the back yard of this property – is at 10451 Tujunga Cyn Blvd. (APN #2558-019-029, MLS# SR26059817); that property features a Triplex, 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 Mountair back yard includes the three-car garage that was intended for the Triplex, so, like a bonded set of puppies, these lots need to be sold together. As to the condition of the single-family home’s interior, “if you can’t say anything nice…” and the kitchen is barely recognizable because the appliances, cabinets, and countertops were removed against their will by a previous occupant. On the upside, this is a wonderful parcel on a pretty street in a beautiful neighborhood at a discount price! The Seller will do the government-required retrofitting, otherwise the properties are sold in their present condition with no further repairs. It will be up to you to decide whether to fix ‘em up and rent ‘em out, or bring out the wrecking ball and start fresh. Imagine the possibilities! Read More