$1,770,000

11926 Magnolia Blvd 1/4 , Valley Village, CA 91607

 
Bedrooms:4 beds
Bathrooms:0 baths
(None specified):3,756 sqft
Lot:0.15
Year Built:1947
Listing Status:Active

Listing Agent

Rafi Ekmekian
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

This exceptional 6-unit building, located in the highly desirable Valley Village neighborhood of Los Angeles, presents a prime investment opportunity. The property features a well-maintained structure with stable tenants and minimal ongoing maintenance, making it an attractive asset for any investor. The property is situated in an area with excellent schools, further enhancing its appeal.The current unit mix consists of four 1-bedroom, 1-bath units and two studio apartments, offering a diverse tenant base. Additionally, there are four parking spaces available in the rear carport, along with ample street parking, ensuring convenient access for tenants.The property also offers significant upside potential. The existing 2-car garage, currently used for storage, presents an opportunity for conversion into an Accessory Dwelling Unit (ADU), which could further increase rental income or add significant value to the property.Recent capital improvements include the replacement of electric panels and water heaters, ensuring that the property is up-to-date and in good working order. The on-site laundry facilities generate approximately $3,000 in additional annual income, further enhancing the investment's financial performance.This property represents a rare opportunity to acquire a well-positioned, low-maintenance asset in a highly sought-after location with strong future potential.

Detailed Items

Other Information

11926 Magnolia Blvd, Valley Village, CA, 91607 is a (none specified) listing of 3,756 sqft on a lot of 0.15. This (none specified) listing has 4 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property11926 Magnolia Blvd, Valley Village, CA
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