Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

6

Building size

2,685 sqft

Lot size

6,823 sqft

Year built

1950

Stories

0

Heating

Wall Furnace

Cooling

Heat Pump

Status

Active

Days on market

106

MLS #

244339760

About this property

Price Reduced ! Incredibly Charming 6 unit building in Prime Valley Village on large lot with ample parking and inviting yard. These one bedroom units feel like little homes as they have front and rear entrances that lead to a private gated parking area. This building is extremely well cared for and has a brand new roof with transferable warranty, updated electric and sub panels. The units are nicely updated with newer kitchens, baths and floors. There are 6 parking spots plus two large garages that can easily be converted to two ADUs.This is a fantastic price point to own 6 units and have the ability to add ADUs and still have 6 parking spots . The rents are not at market leaving even more room for future upside value. Easy to manage and very low maintenance headaches.

Location

12036 Magnolia Boulevard

Valley Village, Los Angeles, CA, 91607