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$ 2,740,000
Est. payment | /mo
2 Beds
20 Baths
8,699 SqFt
$ 2,740,000
Est. payment | /mo
2 Beds
20 Baths
8,699 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,699 sqft
Price per Sqft $314
MLS Listing ID 25552803
Bedrooms 2
HOA Y/N No
Year Built 1962
Lot Size 0.392 Acres
Property Description
20 units in Valley Glen. Long term owner - 1st time on the market in more than 30 years. The property consists of 18 - singles and 2 - 1 bedroom + 1 bath units. The square footage is 8,699 and it sits on a 17,092 square foot lot. The property was built in 1962. The rents are significantly below market. HUGE UPSIDE - RENTS ARE OVER 40% BELOW MARKET. The property is individually metered for gas and electricity. There are 20 parking spaces. Onsite laundry. Parking area has been repaved. New electrical panels. Close to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport and easy freeway access.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR3
Interior
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Uncovered
Total Parking Spaces 20
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2331009001
Special Listing Condition Standard
Listed by Michael A Salerno • Michael Anthony Salerno
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "