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Call us! 626.204.3300

10165 PINEWOOD AVENUE

TUJUNGA, CA 91042

14 UNITS

NON-RENT CONTROL

PROPERTY SUMMARY

PROPERTY DESCRIPTION

Built in 1987, the Pinewood 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.

PROPERTY HIGHLIGHTS

  • Built in 1987, Subject Property is Not Subject to Rent Control.

  • Ideal Unit Mix: (4) One Bedrooms, (10) Two Bedrooms.

  • All Units Feature Central A/C, Fireplaces, Dishwashers, and Large Walk-In Closets.

  • Enclosed Garage Parking with Direct Access to the Building.  Each Unit Gets 2 Spaces.

  • Almost 50% of Units Have Been Completely Rehabbed (See Agent for Details).

CV_-_Tujunga
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MORE INFO

PROPERTY LOCATION

EXCLUSIVE LISTING AGENT:

ACCESS THE FULL OFFERING MEMORANDUM

Kevin W. Hurley

D: 626.204.3456 | M: 626.484.1897

khurley@bridgeinvestmentgroup.net

CAL BRE 01237798

Kevin Lutz

D: 626.204.3475 | M: 626.429.0685

klutz@kwcommercial.com

CAL BRE 00925595

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805