7061 Greeley, Tujunga, California 91042, Tujunga, 91042 - 12 bed, 6 bath
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Tujunga, California 91042
Analysis of 7061 Greeley, Tujunga, California 91042 is currently available with a list price of $1,740,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Tujunga Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1954, this 70-year-old multi-unit property is well-maintained but dated. The presence of wall-mounted AC units indicates a lack of modern central HVAC, and the 'upside rental potential' mentioned in the description typically signals that kitchens and bathrooms are older and require updates to achieve market rates. While functional and move-in ready for tenants, it exceeds the 20-year threshold for modern updates.
Elementary School: Mountain Avenue Elementary School (9/10). Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
The property consists entirely of 2-bedroom, 1-bathroom units, a highly desirable configuration that typically attracts long-term tenants and offers better stability than smaller unit mixes.
The asset presents a strong value-add opportunity with projected market rents indicating substantial upside potential, allowing investors to increase Net Operating Income through strategic management.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10891, other record lot size in square feet = 1893.
Built in 1954, the property is likely subject to Los Angeles rent control ordinances, which can restrict the pace of rent increases and impact immediate cash flow flexibility.
Due to the age of the building, a buyer should anticipate the need for modernizing older systems or unit interiors to fully realize the projected market-rate rental potential.
Introducing a well-maintained six-unit apartment property. Featuring 6 spacious 2-bedroom and 1-bathroom units surrounded by lush greenery and mature landscaping. Amenities include an on-site coin-operated laundry room, 6 covered carports, and additional conveniences. The lower units offer both front rear private entrances for added accessibility and appeal. This property also presents strong upside rental potential, with projected market rents, according to current market trends. Don't miss this exceptional property...
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 12.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,437 | 1,810 |
| Lot Size | 10,891 | 21,271 |
| Price | $1.74M | $598.2K |
| Price per sq ft | $392 | $416 |
| Built year | 1954 | 2007 |
| HOA | $0 | $203 |
| Days on market | 29 | 97 |
Jun 23, 2026
$1,740,000
Initial Listing