10039 Haines Cyn Ave Tujunga, CA 91042-2862
Property Lookup
Property profile & analytics
10039 Haines Cyn Ave Tujunga, CA 91042-2862
- Apartment buildings
- 9,588 SF
- 0.39 lot acres
Property ID
US09-6311748
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 10039 Haines Cyn Ave
- Year built
- 1957
- Construction
- WOOD
- Lot size
- 0.39 lot acres
- Property size
- 9,588 SF
- Zone code
- LARD3
- Property type
- Apartment buildings
- APN
- 2568-001-014
- APU
- 2568001014
Description
This exceptional 12-unit apartment complex presents a compelling value-add opportunity in the desirable Tujunga neighborhood of Los Angeles, CA. Situated on a ±17,013 square foot lot at 10039 Haines Canyon Ave, 91042, this property comprises two 2-story buildings totaling ±9,588 square feet, built in 1957. Currently boasting a 66% occupancy rate, the property features twelve 2-bedroom/1-bathroom units, each with individual gas and electric meters. The owner currently covers water, septic, and trash services. The property offers twenty parking spaces – twelve covered and eight open – with a driveway wrapping around the buildings for convenient access. One building recently underwent a roof replacement. The current Net Operating Income (NOI) is $169,419, with a projected NOI of $275,764 upon lease-up of the four vacant units, representing a significant potential increase of approximately 40%. The property is zoned LARD3 and offers substantial upside potential through various value-add strategies, including the addition of a laundry room, construction of accessory dwelling units, and rent increases to market rates. Its convenient location near Burbank, Glendale, and Pasadena provides easy access to the amenities of these thriving cities. The asking price is $2,750,000, representing a price per unit of $229,166.67 and a current cap rate of 6.16%, with a pro-forma cap rate of 10.03%. This property is offered fee simple.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,520,000
- ML approach
- $1,575,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,490,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tujunga
- County
- Los Angeles
- State
- California
- Longitude
- -118.28
- Latitude
- 34.251
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,815
$1,473,762
$535,910
$2,009,672
-
$0.00
$0.00
$0.00
