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… Read More 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. Read Less
Courtesy of eXp Realty of California Inc 888-584-9427
Listing Snapshot
Days Online
24
Last Updated
Property Type
Other
Beds
4
Square Ft.
3,756
Lot Size
0.15 Acres
Year Built
1947
MLS Number
25528461
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator
Building
3,756 sq ft, Built in 1947, Levels: Multi/Split
Cooling
Window Unit(s)
Disclosures
None
Garage
Carport, Garage - 2 Car
Heating
Wall
Lot
LotAcreage: 0.1492, LotSizeArea: 6,498
Parking
TotalParking: 6
Property
NumberOfUnits: 6, Zoning: LAR3
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