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Listing Courtesy Of: eXp Realty of California Inc, 888-584-9427, Rafi Ekmekian
Local Realty Services Provided By: Keller Williams Realty Studio City
US / CA / Los Angeles / Valley Village 9 / 11926 Magnolia Blvd #1/4
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US / CA / Los Angeles / Valley Village 9 / 11926 Magnolia Blvd #1/4
11926 Magnolia Blvd #1/4, Valley Village, CA 91607
4 Beds
6 Baths
sq ft
ac
US / CA / Los Angeles / Valley Village 9 / 11926 Magnolia Blvd #1/4

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

Estimation provided by Keller Williams Realty, LLC.
4 Beds
6 Baths
sq ft
ac
Active
For Sale
Open House:
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Property 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.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1947
Days on Site
89 Days
HVAC
Cooling: Window Unit(s), Heating: Wall
Parking
6 Parking Spaces
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Activity History

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Nearby Schools

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Transit & Commute

Estimated commute times from Valley Village 9
Car-Dependent Walkable Very Walkable
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