Two-Residence Duplex with Separate
For Sale
$1,095,000
15417-15419 Tuba Street Mission Hills, San Fernando, CA 91345
Mission Hills (San Fernando), CA
Property Size2,183 SF
Lot Size0.16 Acres
Price / SF$501.60
Days on Market20
Property Features for 15417-15419 Tuba Street Mission Hills
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 3, Laundry Room, Bedroom 1, Bathroom 2
Parking features
Driveway
Interior features
Recessed Lighting, Open Floorplan
Lot features
2-5 Units/ Acre
Directions
Sepulveda Boulevard head west on Devonshire Street, turn left on Tuba Street
Subdivision
MHL - Mission Hills
Standard status
Active
APN
2660001013
Lot size
0.16 Acres
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
gated
private entrance
Building Details
Year built
1939
Floors in Building
1
Number of units
2
Listing Agency:
Re/Max One · RE/MAX International
(818) 366-3300
Listed By:
Mojan Shah · License #02135910
(714) 455-9422
Added: Aug 8
Changed: Aug 26
Last Checked: Aug 27 at 1:06AM
MLS# OC26180467
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This gated duplex comprises two detached residences on a 0.155-acre lot, with approximately 2,183 square feet of combined living area. The front home measures approximately 983 square feet and includes three bedrooms, two full bathrooms, a functional floor plan, recessed lighting, an open floor plan, central air, and two parking spots. The rear home provides approximately 1,200 square feet with three bedrooms, two full bathrooms, a private entrance, a separate address at 15419 Tuba St., separate utilities, and four parking spots. Both residences include dedicated access and parking, supporting independent use of each home.
Built in 1939, the property has public water and public sewer service, with water available. The site is near freeways, restaurants, shopping, schools, parks, and public transportation, providing access throughout the San Fernando Valley and greater Los Angeles area.
Built in 1939, the property has public water and public sewer service, with water available. The site is near freeways, restaurants, shopping, schools, parks, and public transportation, providing access throughout the San Fernando Valley and greater Los Angeles area.
Key Highlights
- Two separate 3‑bedroom, 2‑bath residences on one 0.155‑acre lot
- Approximately 2,183 sq. ft. of combined living space
- Front residence: approximately 983 sq. ft. with 2 parking spots
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,123
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$762,460
$762.5K
Cap Rate 7%
$544,614
$544.6K
Cap Rate 9%
$423,589
$423.6K
Market Conditions
NOI Build-Up for 2,183 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$58.9K $27.00/SF
− Vacancy
−$4.5K −$2.05/SF
EGI
$54.5K $24.95/SF
− OpEx
−$16.3K −$7.48/SF
NOI
$38.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$762,460
Cap Rate 7%
$544,614
Cap Rate 9%
$423,589
Alternative Uses
Best Use
Multifamily LT 5
$544.6K
$476.5K – $635.4K
NOI $38,123 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$501.8K
$439.1K – $585.4K
NOI $35,126 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,814 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
Explore this area
Business Placement
Demographics for 91345, CA
18,895
Population
5,672
Households
3.3
Avg Household Size
40
Median Age
21%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
5,905
Density / Sq Mi
$96,345
Median Household Income
$40,096
Median Earnings
$1,846
Median Rent
$654,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Gated duplex with two independent homes, dedicated parking, and separate utilities for flexible occupancy arrangements.
Where is this duplex located?
The property is located at 15417-15419 Tuba Street Mission Hills San Fernando, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two separate 3‑bedroom, 2‑bath residences on one 0.155‑acre lot; Approximately 2,183 sq. ft. of combined living space; Front residence: approximately 983 sq. ft. with 2 parking spots
