5-Unit Multifamily
10200-10204 Pinewood Avenue, Tujunga, CA 91042
For Sale
Contact for pricing
Two residential buildings provide a mix of one- and two-bedroom apartments with private garages and on-site laundry.
Property Size3,231 SF
Lot Size0.25 Acres
Price / SF$402.35
Days on Market47
Property Features for 10200-10204 Pinewood Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
private porches and balconies
mountain views
window air conditioning
wall heating
on-site laundry room
Building Details
Year Built
Buildings
Listing Agency:
Lyon Stahl Investment Real Estate
Listed By:
Derrick Vartanian · License CA #01816119
(310) 482-2200
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises two residential buildings with five apartments totaling approximately 3,231 square feet on a 10,893-square-foot lot. The front building has three one-bedroom, one-bathroom units; the rear building has two two-bedroom, one-bathroom units. Built in 1953, the property also includes private porches and balconies, window air conditioning, wall heating, and a separate laundry room. Parking consists of five detached one-car garages and five uncovered spaces.
Interior work in select units has included kitchen and bathroom updates, along with flooring, appliances, fixtures, and dual-pane windows. Building-system work includes permitted copper re-piping, improvements to the main water line, new water heaters, and reported upgrades to portions of the sewer system. The property is on Pinewood Avenue in Tujunga, north of Foothill Boulevard.
Interior work in select units has included kitchen and bathroom updates, along with flooring, appliances, fixtures, and dual-pane windows. Building-system work includes permitted copper re-piping, improvements to the main water line, new water heaters, and reported upgrades to portions of the sewer system. The property is on Pinewood Avenue in Tujunga, north of Foothill Boulevard.
Key Highlights
- Five apartments: three 1‑bedroom/1‑bathroom units and two 2‑bedroom/1‑bathroom units
- Two residential buildings totaling approximately 3,231 square feet on a 10,893‑square‑foot lot
- Five detached one‑car garages plus five uncovered parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,989
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,780
$1.0M
Cap Rate 7%
$742,700
$742.7K
Cap Rate 9%
$577,656
$577.7K
Market Conditions
NOI Build-Up for 3,231 SF
Gross rent
$102.7K $31.80/SF
− Vacancy
−$8.2K −$2.54/SF
EGI
$94.5K $29.26/SF
− OpEx
−$42.5K −$13.17/SF
NOI
$52.0K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,780
Cap Rate 7%
$742,700
Cap Rate 9%
$577,656
Alternative Uses
Best Use
Apartment 5plus
$742.7K
$649.9K – $866.5K
NOI $51,989 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,429 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Explore this area
Business Placement
Demographics for 91042, CA
28,036
Population
10,815
Households
2.6
Avg Household Size
44
Median Age
29%
College-Educated
84%
High-School Grad
49.8 sq mi
ZIP Area
563
Density / Sq Mi
$81,707
Median Household Income
$48,151
Median Earnings
$1,782
Median Rent
$801,800
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Los Angeles County, CA
Properties on Market for Multifamily properties in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two residential buildings provide a mix of one- and two-bedroom apartments with private garages and on-site laundry.
Where is this multifamily property located?
The property is located at 10200-10204 Pinewood Avenue Tujunga, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Five apartments: three 1‑bedroom/1‑bathroom units and two 2‑bedroom/1‑bathroom units; Two residential buildings totaling approximately 3,231 square feet on a 10,893‑square‑foot lot; Five detached one‑car garages plus five uncovered parking spaces
