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11926 Magnolia Boulevard #1/4
USD 1,770,000
Property ID: 25516997
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11926 Magnolia Boulevard #1/4 ,91607
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icon 6498 SqFt
icon Built in 1947
icon USD 272/SqFt
icon 4 Beds
icon 6 Full
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Location
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Interior Details
Bedrooms
4
Bathrooms
6
Interior Size
3756
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1947
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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11926 Magnolia Boulevard #1/4
USD 1,770,000 4 Beds
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