$ 1,770,000
-
$1,770,000
Price -
4
Bed -
6
Bath -
3,756
SqFt
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About the Listing CLW-X78984 - CLW-X75471
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.
Listing Highlights for 11926 Magnolia Boulevard
Status
Active
Days on Site
186
Property Type
Multi-Family
MLS ®
25528461
Year Built
1947
Total Square Footage
3,756
Lot/Acreage
0.15
County
Los Angeles
Area
VVL - Valley Village
Interior Details
- Bedrooms: 4
- Bathrooms: 6 Full
- Appliances: Refrigerator
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Carport,Garage - Two Door
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2355007020
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
11926 Magnolia Boulevard Valley Village, CA 91607
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