7317 Tujunga Avenue, North Hollywood, CA 91605

$999,000 Approx. USD 5 beds, 3 baths
1,915 sqft

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Marketed By Goossen / Neale Associates

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Marketed By Julia Goossen REALTOR® - Sales Associate 818-730-6879 m
805-677-7300 o
Lic#: 02074790
NRDS ID: 211512971
juliagoossen@bhhscal.com Ventura Office
789 S. Victoria Ave., Suite 100
Ventura, CA 93003
Phone: 805-677-7300
Fax: 805-644-8278

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Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)

Status: Active

MLS# 26662157

List price is $999,000 Reduced by $51,000 on 5/19/2026

Price: $999,000

Beds: 5

Baths: 3 (3 full)

Living Room fireplaces

Built in 1947

1,915 sqft

1 story