6938 6940 Foothill Boulevard
Tujunga, CA 91042
Listing broker / agent: Re/Max Tri-City Realty · Arthur Mangassarian · 818-636-8899 · CRMLS
MLS # GD26196566 · Last checked Nov 14, 2026 20:00 UTC
About this property
Seller will carry with 25% down at 5% for 5 Years. Unlock incredible versatility and strong cash flow with this premier eight-unit mixed-use property situated on high-visibility commercial land. Boasting one hundred feet of premium street frontage, this unique asset features four residential units and four storefront retail spaces. It offers an ideal setup for an investor seeking a diversified income stream, or an owner-user looking to occupy the front retail spaces or residential quarters while letting the remaining units subsidize the mortgage. Beyond its immediate income-generating power, the property offers exceptional value-add and redevelopment upside. Investors can choose to remodel the existing structures, utilizing the generous lot space to add accessory dwelling units or expand the commercial footprint. Alternatively, the site is an excellent candidate for complete redevelopment, allowing a buyer to demolish the current structure and construct a brand-new apartment complex, a larger commercial facility, or a modern mixed-use project featuring ground-floor retail with residential units above. This versatile property is being sold in its present as-is condition and has been priced competitively to reflect its incredible future potential. To help expedite the acquisition, a prospective lender is already in place with financing available at forty percent down. Whether you choose to collect steady rent, occupy the space, or redevelop from the ground up, this property represents a rare and lucrative footprint in a prime commercial corridor.
Property details
- MLS number
- GD26196566
- Status
- Active Under Contract (Backup)
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.2782 acres
- County
- Los Angeles
- Year built
- 1928
More property detailsCollapse
Listing
- Days on market
- 24
Building
- Year built
- 1928
- Year built source
- Assessor
- Building stories
- 1
- Entry level
- 1
Rooms & interior
- Laundry
- None
Exterior & parking
- Total parking spaces
- 6
- Garage spaces
- 6
- Pool
- None
- Lot features
- Six To Ten Units Acre
- Lot size source
- Estimated
Utilities & community
- Water
- Public
- Sewer
- Public Sewer, Sewer Tap Paid
- Community features
- Curbs
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Pinewood Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Tujunga | K–5 | 0.4 mi |
| Mountain View Elementary (school website, opens in a new tab) Los Angeles Unified · Tujunga | K–5 | 0.6 mi |
| Verdugo Hills Senior High (school website, opens in a new tab) Los Angeles Unified · Tujunga | 9–12 | 1.3 mi |
| Mt. Lukens Continuation (school website, opens in a new tab) Los Angeles Unified · Tujunga | 9–12 | 1.3 mi |
| Apperson Street Elementary (school website, opens in a new tab) Los Angeles Unified · Sunland | K–5 | 1.5 mi |
| Plainview Academic Charter Academy (school website, opens in a new tab) Los Angeles Unified · Tujunga | K–5 | 1.5 mi |
| Dunsmore Elementary Glendale Unified · La Crescenta | K–6 | 1.5 mi |
| Anderson W. Clark Magnet High Glendale Unified · La Crescenta | 9–12 | 1.8 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,390,000
- MLS-reported original asking price
- $1,390,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 10, 2026 16:28 | $1,390,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Tujunga
Active residential homes for sale in Tujunga, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
5 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-14 21:19 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗