10165 Pinewood Avenue, Tujunga, CA 91042

About this property

Built in 1987, the Pinewood View Apartments offers investors a rare opportunity to acquire a non-rent controlled, 14-unit apartment community in Tujunga. The property is comprised of an ideal unit mix featuring (4) one-bedroom/one-bath units at an estimated 600 square feet, and (10) two bedroom/one-bath units at approximately 775 square feet. Seller has upgraded 50% of the units (see rent roll for details). Individual units are outfitted with central air conditioning, dishwashers, fireplaces, and most feature stunning mountain views. Tenants additionally benefit from plentiful, secured parking comprised of individual enclosed garages with direct access to the building. * Do not go on property, tenants do not know it is for sale *

Listing description from the November 2018 sale, as reported to CRMLS.

Sale history

$3,475,000

Sold November 2018 · listed $3,600,000, on market July 2018 · MLS #WS18178040 · Source: CRMLS

Listing Agent: KEVIN LUTZ · Listing Office: PASADENA MARKET CENTER · Contact: 626-204-3300 · Bought with: Jack Holwahjian · Huntington Group

$2,575,000

Sold August 2015 · listed $2,625,000, on market May 2015 · MLS #15906511 · Source: CRMLS

Listing Agent: Daniel Withers · Listing Office: Berkadia · Contact: 818-615-1606 · Bought with: Subscriber Non · Non-Participant Office

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