$3,200,000
An exceptional multifamily investment opportunity in the highly desirable Valley Village neighborhood. This well-kept 10-unit property is located on a quiet, tree-lined street and offers a strong unit mix with significant rental potential. The building includes six (6) spacious 2-bedroom/2-bath units, three (3) 1-bedroom/1-bath units, and one (1) unique 1-bedroom/2-bath unit, with many units featuring private patios or balconies ideal for enjoying the Southern California lifestyle. Built in 1964, the two-story property offers central air and heating, along with 10 covered parking spaces. Several units have been tastefully updated to meet modern rental demand. City plans to build 2 ADU, approximately 700 square feet each, 2 beds and 2 baths units above existing covered parking spaces will be available in April. Ideally situated near major employment hubs such as Universal Studios, CBS, and NBC, and just minutes from the NoHo Arts District, NoHo West, and a wide range of dining and retail options, this property benefits from consistent rental demand. A rare opportunity to acquire a well-maintained, centrally located income-producing asset in one of the Valley’s most sought-after areas.
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Listed by Armen Arakelyan with HK Realty (323) 839-1434
Property Type
Apartment
Status
Active
MLS Number
GD26066601
Year Built
1964
Lot Size
0.28 acres