10240 Commerce Ave

The LAAA Team of Marcus & Millichap is proud to announce this all-time record braking sale of this 36 unit multifamily property built in 2019 and located at 10240 Commerce Ave in Tujunga, CA.

All Time Record Sale in Tujunga, CA

This sale is the highest sale price ever achieved in the city of Tujunga, CA for any building of any type in history of the city. No building of any type has ever sold for more. Also, this sale is the highest price per square foot and the second highest price per unit ever achieved for a multifamily sale in Tujunga, CA.

Property Overview

This 29,063 square foot building was built in 2019, and it sits on a 0.48 acre lot. This non-rent controlled building contains 36 apartment units which is split into (19) 1 bed / 1 bath units, (14) 2 bed / 2 bath units, and (3) 3 bed / 2 bath units. Also, 3 of the units are restricted for low income housing. The property offers its tenants many amenities including a fitness center, business center, swimming pool, and community recreational room that has a pool table, theatre, and games to enjoy. These brand new large and bright units come with central AC, a washer and dryer, full suite of brand new appliances, hardwood floors, granite countertops, and each unit has a private balcony or patio.