54
Map
10608 Turnbow
About This Property
Welcome to 10608 Turnbow Street, a rare opportunity to own a newly constructed five-unit income property in one of the Northeast San Fernando Valley's fastest-growing rental markets. Featuring four beautifully built residential units plus an approved approximately 620 sq. ft. ADU, this exceptional investment is delivered fully vacant, allowing the new owner to immediately lease at current market rents and maximize cash flow.
The property offers approximately 2,842 square feet of living space on a 6,938 square foot lot and has been thoughtfully designed with five separate utility meters for gas, water, and electricity, helping reduce owner expenses while increasing long-term investment efficiency.
Ideally located just off the Sunland Boulevard exit of the 210 Freeway, the property sits at the gateway of Sunland and Tujunga, providing convenient access throughout the San Fernando Valley, Glendale, Pasadena, Burbank, and Downtown Los Angeles. Residents will enjoy being within walking distance of shopping, restaurants, grocery stores, parks, and everyday conveniences.
The location is served by well-known local schools including Sunland Elementary School, Mt. Gleason Middle School, and Verdugo Hills High School.
Outdoor enthusiasts will appreciate the close proximity to Hansen Dam Recreation Area, Verdugo Mountains Open Space Preserve, La Tuna Canyon, and the Angeles National Forest, offering endless opportunities for hiking, biking, horseback riding, golf, and year-round recreation. Major destinations such as Dodger Stadium, Old Town Pasadena, Universal Studios Hollywood, and Downtown Los Angeles are all within a convenient drive, making this an attractive location for tenants seeking both suburban comfort and city accessibility.
Whether you're expanding your real estate portfolio or completing a 1031 exchange, this turnkey, fully vacant five-unit property presents a rare opportunity to establish immediate rental income with outstanding long-term appreciation potential in one of Los Angeles' most desirable foothill communities.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$1,999,900
↓ $300K
(13.1%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by BLVD ESTATE PROPERTIES | $2,299,999 | |
| Listed by BLVD ESTATE PROPERTIES | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About North Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,150 /mo
- Studio
- 1 Bath
- 550 ft²
$3,600 /mo
- 2 Beds
- 2 Baths
- 1,468 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017