11926 Magnolia Boulevard #1/4, Valley Village, CA 91607
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
11926 Magnolia Boulevard #1/4,Valley Village, CA 91607
$1,770,000
- 4 Beds
- 6 Baths
- 3,756 sq. ft.
- Multi-family
- Active
Listed by:rafi ekmekian
Office:exp realty of california inc
MLS#:25528461
Source:CRMLS
Price summary
- Price:$1,770,000
- Price per sq. ft.:$471.25
About 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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Home facts
- Year built:1947
- Listing ID #:25528461
- Added:183 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:6
- Living area:3,756 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1947
- Building area:3,756 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,770,000
- Price per sq. ft.:$471.25
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