9 months on rocket

6711 Tujunga Ave, North Hollywood, CA, 91606

$2,095,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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6711 Tujunga Ave, Los Angeles$2,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Asphalt
Year Built1953
MLS #SR24056706
Lot Size0.31 Acres
StatusActive

About 6711 Tujunga Ave

The Tujunga property currently consists of thirteen multifamily units with two, one bedroom one bath units and eleven singles individually metered for electric. The property is professionally maintained and the square footage of the combined, individual parcels gives the property an excellent potential for redevelopment. The rent survey conducted for this property indicates significant upside upon the relaxation of Covid restrictions by both the City and County of Los Angeles. Rents have not been increased for some time and the rent increase freeze may be lifted early2024. With upgrades, Tujunga Apartments could achieve rent levels commensurate with those properties surveyed. It is also important to note that the comparables chosen are low to mid-range at the time of publication and, depending on the improvements contemplated by the investor, actual rent targets could be higher.

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1

Listing Office:

  • Office Name: Hanes Investment Rlty
  • Office Email: braemon@hanesre.com
  • Listing Agent: Braemon Hanes

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned, Asphalt

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Other

Directions Information:

  • Directions: 6711 & 6715 Tujunga Avenue, North Hollywood, CA. The property is located on the west side of the street just south of Vanowen Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,095,000

Tax Information:

  • Annual Amount: $4,860
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

6711 Tujunga Ave vs Los Angeles

271 DAYS ON ROCKET

+233 Days

$2,095,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24056706

Listing Office:

  • Office Name: Hanes Investment Rlty
  • Office Email: braemon@hanesre.com
  • Listing Agent: Braemon Hanes

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 15, 2002Home Sold
$495,000
Dec 22, 1988Home Sold
$425,000
Dec 22, 1988Home Sold
$535,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,860$331,813
2020$4,729$328,412
2019$4,658$321,974
2018$4,522$315,662
2017$4,522$309,474

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,347

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4446239
5
/10

  • Fair Avenue School

  • 6501 Fair Ave

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-4446240
5
/10

  • Isana Cardinal Academy

  • 7330 Bakman Ave

  • 0.79 miles

  • Public Charter Grades KG-5

school-card-donut-4446241
5
/10

  • Victory Boulevard Elementary School

  • 6315 Radford Ave

  • 0.90 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,677. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6711 Tujunga Ave

What is the listing price of this property?

The listing price of 6711 Tujunga Ave property is $2,095,000.

What type of property is this?

The property 6711 Tujunga Ave is a condo located in North Hollywood, California, 91606.

Is this property for sale now?

Active Listing: 6711 Tujunga Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,860 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 15, 2002 for $495,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 6711 Tujunga Ave is 1953.

Rocket Homes›California›Los Angeles County›Los Angeles›91606›6711 Tujunga Ave

This home is located at 6711 Tujunga Ave in North Hollywood, CA and zip code 91606 in the North Hollywood neighborhood. This home, which was built in 1953, sits on a 0.31 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $2,095,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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