$2,095,000 Price Analysis   ♡   Valley Village, CA 91607 12 bed 11 bath 5,796 SqFt ($361/SqFt) 7,810SqFt lot. Built 1961 Listed 2024-05-02, Taxes $6,174 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Property Details
INVESTMENT HIGHLIGHTS: Hard to-find asset in the desirable Valley Village market; Pristine roof - 2024; Seismic retrofit completed 2024; Capital expenditure pass-through to tenants being approved by the City; Rental income increase with capital expenidture pass-through; Excellent unit mix of Three (2+2), One (3+1) and Three (1 +1) apartments; Owner's Three-bedrom unit wth privat patio; Some units have fireplaces; New windowsNew fences, new stairs, new exterior paint; Bright and open units, on-site parking and laundry; Located north of Magnolia Boulevard on a quiet tree-lined street.
INVESTMENT HIGHLIGHTS: Hard to-find asset in the desirable Valley Village market; Pristine roof - 2024; Seismic retrofit completed 2024; Capital expenditure pass-through to tenants being approved by the City; Rental income increase with capital expenidture pass-through; Excellent unit mix of Three (2+2), One (3+1) and Three (1 +1) apartments; Owner's Three-bedrom unit wth privat patio; Some units have fireplaces; New windowsNew fences, new stairs, new exterior paint; Bright and open units, on-site parking and laundry; Located north of Magnolia Boulevard on a quiet tree-lined street.
Presented by Jeanette Monfared at
Marcus & Millichap.
Property MLS #24-387237 from TheMLSCLAW
Full Bathrooms: 11
Heating Features: Wall
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7810
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of Units: 7
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 1, 1 SquareFeet: 3200, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 8250, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 6300
County: Los Angeles
Cap Rate: 4.66
Directions: Wet of Laurel Canyon, North of Magnolia Blvd.
Source Property Type: Residential Income
Area: Valley Village
Source Neighborhood: Valley Village
Parcel Number: 2347-022-011
Postal Code Plus 4: 2650
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $313,743 + $123,772 $437,515 | $6,174 |
| 2021 | $307,592 + $121,346 $428,938 | $6,072 |
| 2020 | $304,439 + $120,102 $424,541 | $6,119 |
| 2019 | $298,470 + $117,748 $416,218 | $5,912 |
| 2018 | $292,618 + $115,440 $408,058 | $5,810 |
| 2017 | $286,881 + $113,177 $400,058 | $5,653 |
| 2016 | $281,256 + $110,958 $392,214 | $5,467 |
| 2015 | $277,032 + $109,292 $386,324 | $5,398 |
| 2014 | $271,606 + $107,152 $378,758 | $5,461 |
| 2013 | $270,379 + $106,668 $377,047 | $5,451 |
| 2012 | $265,078 + $104,577 $369,655 | $5,520 |
| 2010 | $259,881 + $102,527 $362,408 | $5,344 |
| 2009 | $258,552 + $102,003 $360,555 | $5,161 |
| 2009 | $257,939 + $101,761 $359,700 | $5,161 |
| 2008 | $253,483 + $100,003 $353,486 | $4,967 |
| 2007 | $248,513 + $98,043 $346,556 | $4,791 |
$2,095,000
TheMLSCLAW
Listing removed 2023-10-02
$0
CRMLS
Listed 2023-05-08
$2,099,000
CRMLS
Listing removed 2023-03-17
$0
TheMLSCLAW
Price Changed 2022-10-26
$2,095,000
TheMLSCLAW
Listed 2022-07-18
$2,195,000
TheMLSCLAW
Sold 1978-04-17
$205,000
Public Record
Year Built: 1961
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 63
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.