CA > Valley Village
Valley Village, CA 91607,11926 Magnolia BLVD #1/4
Valley Village, CA 91607,11926 Magnolia BLVD #1/4
Valley Village, CA 91607,11926 Magnolia BLVD #1/4
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,770,000
Est. payment /mo
4 Beds
6 Baths
3,756 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,756 sqft

Price per Sqft $471

MLS Listing ID 25528461

Bedrooms 4

HOA Y/N No

Year Built 1947

Lot Size 6,499 Sqft

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.

Location

State CA

County Los Angeles

Area Vvl - Valley Village

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Carport, Door-Multi, Garage

Total Parking Spaces 6

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 2355007020

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Rafi Ekmekian eXp Realty of California Inc
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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