For Sale For Rent
Advertise
bedrooms
bedrooms
4
bathrooms
bathrooms
0
square feet
square feet
3,756
acreage
Acreage
0.1492
open houses
Open Houses
-
year built
year built
1947
full baths
Full Baths
0
half baths
Half Baths
0
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
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 25516997
Listing agent: Rafi Ekmekian
Listing broker: Exp Realty (888) 832-7179
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, March 28 2025 at 3:15 a.m. EDT
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