
Tujunga, California 91042
This property represents a Strong Value Opportunity with a List Price of $499,000—positioned well below the $532,870 Fair Market Value by 6%. This valuation gap provides $33,870 in Instant Equity for an asset in Distressed Condition. The primary value lies in the R3 Zoning on a 6,244 sq ft lot, allowing for three-unit development with Mountain Range Views. Proximity to the 210 freeway and Top-Rated Schools like Crescenta Valley High ensures long-term demand. This is a strategic acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7417 Apperson Subject | $499,000* List Price | 2 | 1 | 720 | $740 | - |
A 10312 Marcus Sold | $400,000 | 1 | 1 | 680 | $588 | 0.7 mi |
B 7053 Sunnycrest Trail Sold | $500,000 | 1 | 1 | 788 | $635 | 0.5 mi |
C 10606 Commerce Avenue Sold | $545,000 | 2 | 1 | 770 | $708 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property is in a severely distressed state with significant deferred maintenance. The interior features stained walls, outdated and damaged bathroom tiling with exposed plumbing, and no evidence of modern kitchen appliances or updated systems. The listing explicitly identifies the home as a renovation or redevelopment project for investors, indicating it requires substantial repairs to meet basic living standards.
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 features R3 zoning on a generous ~6,244 sq ft lot, providing a rare and lucrative opportunity to develop up to three units in the Tujunga foothills.
Ideally situated with convenient access to the 210 freeway and Foothill Boulevard, offering an easy commute alongside proximity to major retailers like Vons and Starbucks.
The existing structure is in poor condition and requires significant repairs throughout, making it unsuitable for immediate occupancy or traditional buyers.
Due to the 'as-is' sale and property condition, it is restricted to cash buyers or hard money financing, which may limit the pool of potential purchasers.
Investor opportunity in the foothills of Tujunga zoned for 3 units! Situated on a ~6,200 sq ft lot with R3 zoning, this property presents a unique opportunity for renovation, redevelopment, or potential multi-unit development (buyer to verify). The existing structure is approximately 700+ sq ft and is in distressed condition, requiring significant repairs and improvements throughout. Property is best suited for cash buyers, investors, or those utilizing renovation or hard money financing. Ideally located in Tujunga, this home is just minutes from local favorites like In-N-Out Burger, Starbucks, and Vons, with convenient access to Foothill Boulevard and the 210 freeway for an easy commute. With its zoning and lot size, the property offers the potential to reimagine the site for multi-unit use, expansion, or redevelopment. Detached garage structure on site. Conveniently located near local amenities, schools, and commuter access. Property sold strictly as-is. Seller will make no repairs or provide credits. Buyer to verify all information including zoning, development potential, square footage, permits, and condition.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 720 | 1,449 | 11% |
| Lot Size | 6,244 | 6,340 | 50% |
| Price | $499.0K | $917.4K | 6% |
| Price per sq ft | $693 | $689 | 55% |
| Built year | 1948 | 1951 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 168 | 2% |
Apr 6, 2026
$499,000
Initial Listing