BG

6938 6940 Foothill Boulevard

Tujunga, CA 91042

$1,390,000 Est. $7,029/mo

Active Listed today

Listed By Arthur MangassarianDRE #00751703

Re/Max Tri-City Realty

818-636-8899

Your inquiry will go to Brenda Geraci, who is not the listing agent for this property.

Lot Size
12,119 sqft
Year Built
1928
Property Type
Residential income
Property Subtype
Apartment
Garage Spaces
6
Pool
No
HOA
No
Days on Market
Today
Seller will carry with 25% down at 5% for 5 Years. Unlock incredible versatility and strong cash flow with this premier eight-unit mixed-use property situated on high-visibility commercial land. Boasting one hundred feet of premium street frontage, this unique asset features four residential units and four storefront retail spaces. It offers an ideal setup for an investor seeking a diversified income stream, or an owner-user looking to occupy the front retail spaces or residential quarters while letting the remaining units subsidize the mortgage. Beyond its immediate income-generating power, the property offers exceptional value-add and redevelopment upside. Investors can choose to remodel the existing structures, utilizing the generous lot space to add accessory dwelling units or expand the commercial footprint. Alternatively, the site is an excellent candidate for complete redevelopment, allowing a buyer to demolish the current structure and construct a brand-new apartment complex, a larger commercial facility, or a modern mixed-use project featuring ground-floor retail with residential units above. This versatile property is being sold in its present as-is condition and has been priced competitively to reflect its incredible future potential. To help expedite the acquisition, a prospective lender is already in place with financing available at forty percent down. Whether you choose to collect steady rent, occupy the space, or redevelop from the ground up, this property represents a rare and lucrative footprint in a prime commercial corridor.

Estimate a monthly payment

/mo

Principal and interest only. Property taxes, insurance and any HOA dues are not included and will increase this amount.

Estimates only, for your own planning. Not a loan offer, a pre-qualification, or a quote from any lender.

Features

Exterior Features

Lot
  • Six To Ten Units Acre

Market insights

Computed from CRMLS data for Tujunga.

Property history

No prior MLS sale records.

Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 at 12:00 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any amount of compensation or commission stated is made only to participants of CRMLS or an MLS that has entered into a datashare agreement with CRMLS.

Where it is