Log In/Sign Up
Your email has been sent.
7323 Valmont St 8 Unit Apartment Building $2,995,000 ($374,375/Unit) 3.83% Cap Rate Tujunga, CA 91042
Investment Highlights
- Eight-unit multifamily offering located in the foothills of Tujunga, minutes from Foothill Boulevard retail and major 210 Freeway access.
- Approximately half of the units are fully renovated, featuring modern kitchens, upgraded bathrooms, new flooring, and convenient in-unit laundry.
- Current rents remain below market, allowing for attractive mark-to-market projections as turnover occurs over time.
- Two contiguous LARD2 parcels totaling 11,814 square feet, with potential for additional units or ADU development subject to planning approvals.
- Remaining units provide value-add upside through renovations and achieving market rental rates, driving long-term income growth.
- Situated in a supply-constrained submarket within the San Gabriel Mountain corridor, offering consistent rental demand and proximity to Pasadena.
Executive Summary
Set in the San Gabriel Mountain foothills of Tujunga, 7323 Valmont St is an 8-unit value-add apartment property held across two contiguous LARD2 parcels. About half the eight units are remodeled with new kitchens, baths, flooring, and in-unit laundry; the rest offer clear mark-to-market upside as renovated. With an adjacent vacant parcel for future development, this is a true value-add play in a supply-constrained foothill submarket.
Property Facts
| Price | $2,995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $374,375 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.27 AC |
| Cap Rate | 3.83% | Building Size | 6,114 SF |
| Gross Rent Multiplier | 15.6 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1940 |
| Property Type | Multifamily | Parking Ratio | 2.25/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LARD2 | ||
| Price | $2,995,000 |
| Price Per Unit | $374,375 |
| Sale Type | Investment |
| Cap Rate | 3.83% |
| Gross Rent Multiplier | 15.6 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 6,114 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | LARD2 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $956,938 | |
| Land Assessment | $1,093,640 | Total Assessment | $2,050,578 |
Property Taxes
Parcel Numbers
Land Assessment
$1,093,640
Improvements Assessment
$956,938
Total Assessment
$2,050,578
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7323 Valmont St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.