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Shannon Guiragossian

shannongrealestate@gmail.com +1(760) 537-9002

$ 999,000

Est. payment | -/mo

5 Beds

3 Baths

1,915 SqFt

Save

$ 999,000

Est. payment | -/mo

Save

5 Beds

3 Baths

1,915 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,915 sqft

Price per Sqft $521

MLS Listing ID 26662157

Style Other

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1947

Lot Size 6,506 Sqft

Acres 0.1494

Property Sub-Type Single Family Residence

Property Description

Now Offered Under $1M | Turnkey SFR + ADU | 6% Cap | 12.7 GRM | Two Homes on One Lot in North Hollywood. Exceptional opportunity to acquire a well-maintained, income-producing property featuring a fully remodeled front home and a newly built detached ADU, both currently tenant-occupied. The front home (7317 Tujunga Ave) offers 3 bedrooms and 2 bathrooms and is currently rented at $4,000 per month. The detached ADU (7315 Tujunga Ave) features 2 bedrooms and 1 bathroom and is leased at $2,482 per month. Total gross income is $6,482 per month ($77,784 annually). Both units have separate gas and electrical meters, providing ease of management and operational flexibility. The property is stabilized with in-place income, making it ideal for investors seeking a low-maintenance asset with immediate cash flow. At the current asking price, the property reflects approximately a 5.9% cap rate and 12.7 GRM. Buyer to verify all financial information. Conveniently located just minutes from the NoHo Arts District, NoHo West shopping center, Trader Joe's, Regal Cinemas, LA Fitness, Costco, Burbank Airport, major freeways, and public transportation, supporting strong rental demand throughout the San Fernando Valley.

Location

State CA

County Los Angeles

Area North Hollywood

Zoning LAR1

Rooms

Other Rooms Accessory Bldgs

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Other

Fireplaces Type Living Room

Equipment Other

Laundry Room

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Building

Architectural Style Other

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 537-9002

shannongrealestate@gmail.com

36923 Cook St Suite B101, Palm Desert, CA, 92211, USA

7317 Tujunga Ave North Hollywood, CA 91605

Shannon Guiragossian

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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7317 Tujunga Ave