$1,300,000
MLS: 26992637
Beds
7
Baths
5
Sq Ft
3,231
Lot
0.25 ac
Year Built
1953
MLS #
26992637
Days on Market
26
Listed
Sep 24, 2026
Description
10200-10204 Pinewood Avenue presents an attractive five-unit multifamily investment opportunity located north of Foothill Boulevard in the desirable Tujunga community of Los Angeles. Built in 1953, the property consists of approximately 3,231 square feet of improvements situated on a generous 10,893 square foot lot and features two separate residential buildings with a desirable and well-balanced unit mix. The front building consists of three (3) one-bedroom, one-bathroom units, while the rear building contains two (2) two-bedroom, one-bathroom units. The property offers a number of features that enhance its appeal to tenants, including private porches and balconies, mountain views from the upper-level residences, window air conditioning, wall heating, and a separate on-site laundry room. Parking is particularly strong for a five-unit property, with five private detached one-car garages plus five additional uncovered parking spaces, providing a total of ten parking spaces. The property has benefited from a variety of improvements to both the individual units and major building systems over the years. Previous renovations include updated kitchens and bathrooms in select units, dual-pane windows, upgraded flooring, appliances, fixtures, and other interior improvements. The property has also undergone extensive permitted copper re-piping, including improvements to the main water line and the installation of some new water heaters. Portions of the property's sewer system have also reportedly been upgraded, further contributing to the property's history of capital improvements. The property's expansive 10,893 square foot lot may also offer future ADU development potential, providing an additional value-add opportunity for a new owner. Of particular interest is the detached garage structure positioned between the front and rear residential buildings, which may lend itself to potential ADU conversion or redevelopment while utilizing the property's existing improvements and generous lot configuration. Any future ADU development or conversion would be subject to an investor's independent investigation and all applicable zoning, building, parking, and governmental requirements. Situated in the foothills of the Verdugo Mountains, the property offers residents an appealing residential environment while remaining conveniently connected to La Crescenta-Montrose, Sunland, Glendale, and the greater Los Angeles area. Its location north of Foothill Boulevard provides convenient access to neighborhood shopping, dining, services, recreation, and major transportation routes while maintaining the quieter residential character for which this pocket of Tujunga is known. 10200-10204 Pinewood Avenue represents a compelling opportunity to acquire a well-located five-unit multifamily asset in an established Tujunga rental market. The property's generous lot, private garages, on-site laundry, extensive plumbing improvements, and potential for future ADU development provide an attractive combination of existing fundamentals and long-term value-add potential.
Location
Tujunga, Los Angeles County, CA 91042
Open on Google Maps ↗Listed by: Derrick Vartanian · Lyon Stahl Investment Real Estate, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$10,243
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $130,000 · Loan: $1,170,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,101
- Property tax (1.25%)
- $1,354
- Homeowners insurance
- $300
- Mortgage insurance
- $488
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Tujunga home with as little as 3.5% down using an FHA loan — roughly $45,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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