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$1,350,000
Est. payment /mo
6,503 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26084067
HOA Y/N No
Year Built 1951
Lot Size 6,503 Sqft
Property Sub-Type Quadruplex
Property Description
A four-unit income producing property with charm and character in the heart of Valley Village, adjacent to Studio City. Excellent location. The property features a desirable unit mix of two 1 bedroom/1 bath units and two 2-bedroom/1 bath units, all with hardwood floors throughout. Strong value add opportunity with excellent upside in rents and relatively low maintenance expenses. Property improvements include a newer electrical panel, copper plumbing, and a convenient on-site laundry room located off the carports. Ideally situated near Gelson's, the popular Marie et Cie coffee house, Starbucks, and Colfax Elementary School. All units are currently rented on month-to-month leases. Units are eligible for rent increases beginning February 2027. Excellent opportunity for a buy-and-hold investor seeking long-term growth and income potential. Please respect tenant privacy. Drive-by only. Do not disturb occupants.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 4
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Walkstreet
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2355017014
Energy Description 326.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by David Ash Access Southland Real Estate 818-439-2819, DRE #00901703
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