Tujunga Apartment Building Sales

Explore 6 closed multifamily transactions totaling $40.05M in Tujunga. Data from the LAAA Team at Marcus & Millichap.

6

Transactions

$40.05M

Total Volume

4.42%

Avg Cap Rate

$262,305

Avg $/Unit

21

Avg Units

2013

Since

Tujunga Multifamily Market Overview

Tujunga is a foothill community in the eastern SFV. Across 6 transactions totaling $40.0M, average cap rate is 4.42% at $262K per unit across 124 units. Canyon-adjacent setting. LA RSO applies.

Market Metrics

Total Deals

6

Total Volume

$40.05M

Avg Cap Rate

4.42%

Cap Rate Range

4.06% - 5.38%

Avg $/Unit

$262,305

$/Unit Range

$57,955 - $507,143

Avg Units/Deal

21

Deal Types

Apartments: 6

Market Snapshot

Source: CoStar | North San Fernando Valley Multifamily | 2026 Q1
6,249Total Units
4.3%↑ from 3.6%Vacancy Rate
$2,186Market Rent/Unit
+1.0%Rent Growth (YoY)
5.3%Market Cap Rate
$297KMarket $/Unit

Rents by Unit Type

Studio$1,395/mo
1 Bedroom$1,896/mo
2 Bedroom$2,394/mo
3 Bedroom$2,996/mo

Supply & Demand

Under Construction242 units
Delivered (12 mo)59 units
Net Absorption (12 mo)5 units
Occupancy Rate95.7%

LAAA Team Closings in Tujunga

6transactions by Glen Scher, Filip Niculete & the LAAA Team

10345 Pinyon Ave

Tujunga2023

Price
$1.32M
Units
7
Cap
5.38%
$/Unit
$189,286

10150 Hillhaven Ave

Tujunga2022

Price
$17.75M
Units
35
Cap
4.32%
$/Unit
$507,143

10240 Commerce Ave

Tujunga2022

Price
$14.80M
Units
36
Cap
4.27%
$/Unit
$411,111

10154 Hillhaven Ave

Tujunga2022

Price
$1.27M
Units
22
$/Unit
$57,955

10129 Commerce Avenue

Tujunga2016

Price
$2.45M
Units
12
Cap
4.08%
$/Unit
$204,167

10219 Commerce Avenue

Tujunga2016

Price
$2.45M
Units
12
Cap
4.06%
$/Unit
$204,167

Source: LAAA Team Closed Transactions

Recent Deal Stories

Tujunga Multifamily Investment FAQs

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA