- 5
- beds
- Status:
- CONTINGENT
- MLS #:
- GD26196566
- County:
- Los Angeles
- Listed By:
- Arthur Mangassarian - Re/Max Tri-City Realty
- Agent Phone:
- (818) 636-8899
- Agent Email:
- arthurmang@aol.com
Sponsoring Broker: Sam Guillen, Berkshire Hathaway HomeServices California Properties
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. 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.
-
- Bedrooms
- 5
-
- Stories
- 1.0
-
- Utilities
- Sewer Connected
-
- County
- Los Angeles
-
- City
- Tujunga
-
- Zip Code
- 91042
-
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There are currently 118 properties available in Tujunga, with 7 under contract to close soon. Properties in the city have an average sale price of $1,062,332 and typically spend 65 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 6938 6940 Foothill Blvd?
Click Ask a Question to talk with our team. You already know it is a 5 bed, N/A bath, listed for $1,390,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Tujunga, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 6938 6940 Foothill Blvd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 6938 6940 Foothill Blvd at around $7,910. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 6938 6940 Foothill Blvd?
In most cases, yes. Whether 6938 6940 Foothill Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Tujunga's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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How long has this property been on the market?
6938 6940 Foothill Blvd was listed on September 08, 2026, which means it's been on the market for 63 days.
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Is 6938 6940 Foothill Blvd still available for sale?
This home is under contract, but may still accept backup offers. Click ♥ to track updates or connect with our local expert to see if it's still worth pursuing.
Source: ez Home Search, MLS Data
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.
Last Updated: November 10, 2026 at 03:47AM | Source: San Diego MLS | MLS#: GD26196566
