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

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For Sale

$1,770,000

4 beds3,756 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $471.25
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 25528461

Courtesy Of eXp Realty

(888) 584-9427

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.15 Acres

Home seller CENTURY 21 Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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