
Tujunga, California 91042
This Multi-Lot Development Asset is listed at $949,000, representing a strategic land acquisition in a serene Tujunga setting. While the $770,437 Fair Market Value accounts for the existing 2-bedroom home's Condition Rating of 5, the primary value is driven by 10 additional parcels totaling over one acre of developable land. Featuring Mountain and Tree Views and proximity to 9/10 rated schools like Crescenta Valley High and Mountain Avenue Elementary, the property offers significant Value-Add Potential for a residential enclave. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7444 Tranquil Subject | $949,000* List Price | 2 | 1 | 1,120 | $688 | - |
A 7771 Mcgroarty Sold | $815,000 | 3 | 2 | 1,300 | $627 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, the home features a kitchen and bathroom that appear to be 30-50 years old with dated tile, cabinetry, and mismatched appliances. The listing is explicitly marketed as an 'investor special' for land development, indicating the structure requires a total rehab or replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8142, living area = 1120.
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 includes 10 additional lots totaling over one acre of land, providing a rare and lucrative opportunity for builders to develop multiple new residential homes.
Built in 1924, the current 2-bedroom home likely requires significant modernization or demolition, which may necessitate a large upfront capital investment.
Developing multiple parcels in hillside terrain often involves complex permitting, environmental reviews, and infrastructure costs that can extend project timelines.
Builders, Investors special, a 2 bedroom home with 10 additional lots which boosts the potential of multiple brand new homes. A total of over one acre land for development. Please see the attachments for additional parcels. A real serene setting with views and plenty of nature to enjoy yet within a few minutes of city access. you must see to appreciate it.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.5 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 | 1,120 | 1,450 | 29% |
| Lot Size | 8,142 | 6,930 | 57% |
| Price | $949.0K | $945.0K | 51% |
| Price per sq ft | $847 | $690 | 82% |
| Built year | 1924 | 1951 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 168 | 2% |
Apr 20, 2026
$949,000
Initial Listing