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Key Details
Sold Price $2,900,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,726 sqft
Price per Sqft $375
MLS Listing ID SR24158738
Sold Date 10/09/24
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1972
Lot Size 10,624 Sqft
Property Description
We are proud to present this 9-unit apartment building in Valley Glen. The property has an excellent unit mix consisting of (1) 5+3 unit, (1) 2+2 unit, (2) 3+1 units, (3) 2+1 units, and (2) 1+1 units with a lot size of 10625 square feet, the property has a total of 7726 rentable square feet. The unit composition allows for healthy long term stays and projected lower turnover times. Currently there is 1 vacant unit which is a 5 bed/3bath (featured in photos) ready to be rented out! The complex has been renovated in its entirety from exterior smooth coating, updated windows, to complete unit make overs. The property maintains close access to the 405, 101, and 170 freeways. Ventura Blvd. Just minutes away with all of its restaurants and shopping while the metro link transportation service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 11.0
Garage Description 11.0
Pool None
Community Features Curbs
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 2328031006
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Sergey Oganesyan • Sergey Oganesyan
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960