7139 Greeley ST Tujunga, CA 91042

7139 Greeley is a non rent-controlled 12-unit apartment complex located in the heart of Tujunga, California. Despite recent unit renovations and a long history of stable cashflow, the property has been owned by the same owner for over 25 years and may benefit from a more streamlined management approach; yielding much better efficiencies and higher market rents. The asset boasts 100% occupancy at current rates; however, every single unit will be month-to-month by March of 2022, providing a potentially immediate opportunity for significant rental upside. Nonetheless, buyer shall perform its own due diligence.