#BB24226260, Reina Flores, Listing Office: BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
![Marcus & Millichap MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
9938 Commerce Ave Tujunga, CA 91042
Property details
About 9938 Commerce Ave
We are pleased to present a premier development opportunity at 9938 Commerce Ave in Tujunga. Positioned on the corner of Tujunga Canyon Blvd and Commerce Ave, this vacant lot spans 18,530square feet and is zoned C2-1, making it a prime candidate for residential development. It offers the potential to construct up to 47 units directly or expand to 64 units by leveraging the California density bonus. Furthermore, this site qualifies for an ED-1 100% affordable housing project, providing an exceptional chance for developers to enhance density and streamline the entitlement process. Offered at a competitive price of just $100 per square foot, this property comes free of any existing tenants or leases, presenting a seamless opportunity for development. This lot represents a rare find in the supply-limited neighborhood of Tujunga, positioned advantageously for residents who value manageable commutes to Sunland, La Canada, Pasadena, Glendale, and the wider San Fernando Valley. Situated in a submarket known for its robust demographics, the area boasts an average household income exceeding $113,000 within a 5-mile radius, alongside a noticeable affordability gap where the median home value exceeds $800,000. This gap highlights the substantial demand for more accessible housing options, underlining the significant potential for investment and development at this unique location.
Highlights
Summary
- MLS Number: 24473415
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Neema Ahadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![caption unavailable](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1100447793/2003711712553.jpg?version=1734558150&width=640)
$1,850,000
9938 Commerce Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 22, 2000 | Home Sold | $418,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $369,315 | $5,110 |
2023 | $362,074 | $5,016 |
2022 | $354,975 | $4,794 |
2021 | $348,015 | $4,741 |
2020 | $344,447 | $5,421 |
2019 | $337,694 | $8,251 |
2018 | $553,551 | $8,076 |
2017 | $542,698 | $8,076 |
History based on county public records data.
Nearby schools
5
Pinewood Elementary
Public District KG-5
0.3 mi
•10111 Silverton Ave
4
Mountain View Elementary School
Public District KG-5
0.9 mi
•6410 Olcott St
7
Apperson Street Elementary School
Public District KG-5
1.2 mi
•10233 Woodward Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,973. Typical income of Tujunga, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 9938 Commerce Ave
This home is located at 9938 Commerce Ave in Tujunga, CA and zip code 91042 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,850,000.
Tujunga, CA housing market in January 2025 saw over 294 listings sold above listed price, more than 161 sold at listed price and over 545 sold below. The number of listings in Tujunga, CA increased by 20.1% between December and January 2025. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.