11926 Magnolia Boulevard #1/4, Valley Village, CA 91607 - Berkshire Hathaway HomeServices California Properties

11926 Magnolia Boulevard #1/4, Valley Village, CA 91607

$1,770,000 Approx. USD 4 beds, 6 baths
3,756 sqft

Listing Agent


Rafi Ekmekian | rafisarkisrealtor@gmail.com
Lic#: 01717378
Broker: Courtesy of eXp Realty of California Inc

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25528461
Price: $1,770,000
Beds: 4
Baths: 6
Built in 1947
3,756 sqft
0.15 acres
Lot size: 0.1492
County: Los Angeles
Zoning: LAR3
Appliances: Refrigerator
Parking description: Carport,Door-Multi,Garage
Heating description: Wall Furnace
MLS area: VVL - Valley Village

Last Updated: 4/29/2025

 Days On Market (DOM): 89

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This listing belongs to the VVL - Valley Village MLS area

Lat/Long: 34.164581, -118.393135.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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