9938 Commerce Avenue, Tujunga, CA 91042
Local realty services provided by:ERA Excel Realty
9938 Commerce Avenue,Tujunga, CA 91042
$1,650,000
- 0.43 Acres
- Lots / Land
- Active
Listed by: neema ahadian
Office: marcus & millichap
MLS#:25622385
Source:CRMLS
Price summary
- Price:$1,650,000
About this home
We are pleased to present a development opportunity located at 9938 Commerce Ave in Tujunga, a vacant lot on the corner of Tujunga Canyon Blvd & Commerce Ave. The 18,530 SF lot is zoned C2-1, allowing for 47 units by-right or up to 64 units through California's Density Bonus program, offering developers multiple paths to maximize value. The site is also eligible for an ED-1 100% affordable housing project, giving a developer the opportunity to maximize density and decrease entitlement time. At the asking price, the property is being offered at a low $89 PSF with no tenants or leases in place. Rare opportunity to acquire land in the supply-constrained community of Tujunga providing residents with convenient access to Sunland, La Canada Flintridge, Pasadena, Glendale, Burbank, and the broader San Fernando Valley. Located in a submarket with strong demographics, the average household income within a 5-mile radius is over 113,000; there is a significant affordability gap between renters and homeowners as the median home value within 5 miles of the subject property is over $800,000.
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Home facts
- Listing ID #:25622385
- Added:3 day(s) ago
- Updated:November 25, 2025 at 01:33 AM
Structure and exterior
- Lot area:0.43 Acres
Finances and disclosures
- Price:$1,650,000
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