12036 Magnolia Blvd
Property Description
Price Reduced ! Incredibly Charming 6 unit building in Prime Valley Village on large lot with ample parking and inviting yard. These one bedroom units feel like little homes as they have front and rear entrances that lead to a private gated parking area. This building is extremely well cared for and has a brand new roof with transferable warranty, updated electric and sub panels. The units are nicely updated with newer kitchens, baths and floors. There are 6 parking spots plus two large garages that can easily be converted to two ADUs.This is a fantastic price point to own 6 units and have the ability to add ADUs and still have 6 parking spots . The rents are not at market leaving even more room for future upside value. Easy to manage and very low maintenance headaches.
Broker Details
Keller Williams Realty Studio City (818) 222-5040
MLS ID: X55570 State License Number: 01291486
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,289,000 |
| No. of Units: | 6 |
| Year Built: | 1950 |
| Lot Size: | 2,685.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $214,833 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 6 |
ID: 3yd-CLAWCA-26854147
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1913 Huntington Lane, Unit 0
Redondo Beach, California
3209 Andrita St
Los Angeles, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout