10224 Fernglen Avenue, Tujunga, California 91042, Tujunga, 91042 - bed, bath
ACTIVE$949,800
10224 Fernglen Avenue, Tujunga, California 91042
0Bed
0Bath
1,041Sqft
4,816Lot
Year Built
1949
Close
-
List price
$950K
Original List price
$989K
Price/Sqft
$912
HOA
-
Days on market
-
Sold On
-
MLS number
GD25144122
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros.
Turnkey investment opportunity! Completely renovated triplex in the up-and-coming Tujunga neighborhood, generating approximately $6,000 in monthly rental income. All units have been updated with new double-pane windows, kitchens, bathrooms, flooring, interior and exterior paint, tankless water heaters, brand-new split AC systems, and separate gas and water meters. The property also features new fencing throughout, six parking spaces (three tandem), and a large backyard with potential to add an 800 sq ft ADU—possibly creating two additional units (buyer to verify with city). Conveniently located near parks, schools, and shopping centers, this is a rare opportunity in a rapidly developing area.
Nearby schools
4/10
Pinewood Avenue Elementary School
Public,•K-5•0.6mi
5/10
Apperson Street Elementary School
Public,•K-5•0.7mi
7/10
Mountain View Elementary School
Public,•K-5•1.3mi
6/10
Sunland Elementary School
Public,•K-5•1.3mi
7/10
Dunsmore Elementary School
Public,•K-6•2.3mi
8/10
Abraham Lincoln Elementary School
Public,•K-6•3.0mi
4/10
Vinedale Elementary School
Public,•K-5•3.6mi
9/10
Mountain Avenue Elementary School
Public,•K-6•4.3mi
5/10
Stonehurst Avenue Elementary School
Public,•K-5•4.3mi
5/10
Mt. Gleason Middle School
Public,•6-8•1.1mi
9/10
Rosemont Middle School
Public,•7-8•3.9mi
6/10
Verdugo Hills Senior High School
Public,•9-12•0.5mi
9/10
Crescenta Valley High School
Public,•9-12•3.7mi
5/10
Sun Valley Engineering And Technology Magnet
Public,•6-12•6.0mi
3/10
Sun Valley High School
Public,•9-12•6.0mi
Price History
Date
Event
Price
08/20/25
Price Change
$949,800
06/26/25
Listing
$989,000
Condition Rating
Excellent
Despite being built in 1949, the property has undergone a 'completely renovated' transformation, as stated in the description. This includes new kitchens, bathrooms, flooring, double-pane windows, tankless water heaters, and brand-new split AC systems. The images confirm modern, clean, and virtually new finishes and fixtures throughout all units, including updated kitchens with new appliances and stylish bathrooms. All major components and systems are new, aligning perfectly with the 'Excellent' condition criteria for a property extensively renovated within the last 5 years.
Pros & Cons
Pros
Strong Income-Generating Asset: This triplex is explicitly marketed as a 'turnkey investment opportunity' currently generating approximately $6,000 in monthly rental income, providing immediate cash flow for an investor.
Extensive Modern Renovations: All units have been 'completely renovated' with new double-pane windows, kitchens, bathrooms, flooring, interior/exterior paint, tankless water heaters, and brand-new split AC systems, significantly reducing immediate capital expenditures for a new owner.
Significant ADU Potential: The large backyard offers substantial potential to add an 800 sq ft ADU, possibly creating two additional units, which could dramatically increase future rental income and overall property value.
Operational Efficiency: Each unit features separate gas and water meters, simplifying utility billing for tenants and minimizing ongoing utility expenses for the landlord.
Strategic Location in Developing Area: Situated in an 'up-and-coming' and 'rapidly developing' Tujunga neighborhood, the property benefits from a location that suggests strong potential for future appreciation and sustained tenant demand.
Cons
Age of Original Structure: Despite extensive renovations, the property was built in 1949, meaning the underlying infrastructure (e.g., foundation, main plumbing lines, electrical service to the building) is older and may require future maintenance or upgrades not covered by recent cosmetic updates.
Potentially Small Unit Sizes: The stated total square footage of 1041 sqft for a triplex implies very small individual units (approx. 347 sqft each), which could limit the tenant pool or rental income potential compared to properties with larger units.
Unverified ADU Potential: The description states 'buyer to verify with city' regarding the ADU potential, indicating that the feasibility and cost of adding units are not guaranteed and require significant due diligence and investment from the buyer.