10121 Samoa Ave
Tujunga, CA 91042
Samoan Apartments · Multifamily Property For Sale · 32 Units

We are pleased to present 10121 Samoa Avenue, a thirty-two unit apartment building located in the heart of Tujunga. This is the first time the Subject Property has come to market in over twenty years. With current rents below market and a low price per unit, this offering gives an investor the opportunity to acquire a true value-add asset in a market with little inventory currently available. Built in 1963, 10121 Samoa Avenue provides a strong unit mix of singles, one bedrooms, and two bedrooms. There are 38 on-site parking spaces. Residents also have the luxuries of on-site laundry as well as a swimming pool. This low maintenance, low expense asset is separately metered for electric, as well as individual water heaters for each unit. Utility costs are low due to only electrical appliances throughout the building. There is one gas meter used only for the shared laundry. Well maintained throughout the years, the subject property has minimal deferred maintenance and copper plumbing throughout. This is an opportunity for an investor to acquire an attractive, low maintenance asset in a great location of Tujunga with the ability to dramatically increase revenue by unit turnover.