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.
For sale
$1,770,000
11926 Magnolia Blvd #1/4, Valley Village, CA 91607
4beds
6baths
3,756sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$1,701,000 Zestimate®
$471/sqft
$-- HOA
What's special
- 60 days
- on Zillow |
- 170 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 05:06pm
Listed by:
Rafi Ekmekian DRE # 01717378 323-810-9399,
eXp Realty of California Inc 888-584-9427
Source: CLAW,MLS#: 25528461

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
Heating
- Wall
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven, Refrigerator
Interior area
- Total structure area: 3,756
- Total interior livable area: 3,756 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Garage - 2 Car
- Has garage: Yes
- Has carport: Yes
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 6,499.15 Square Feet
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1947
Community & HOA
Location
- Region: Valley Village
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $585,276
- Date on market: 4/22/2025
- Total actual rent: 112716
- Tenant pays: Electricity, Cable TV, Gas
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