$1,350,000
A four-unit income producing property with charm and character in the heart of Valley Village, adjacent to Studio City. Excellent location. The property features a desirable unit mix of two 1 bedroom/1 bath units and two 2-bedroom/1 bath units, all with hardwood floors throughout. Strong value add opportunity with excellent upside in rents and relatively low maintenance expenses. Property improvements include a newer electrical panel, copper plumbing, and a convenient on-site laundry room located off the carports. Ideally situated near Gelson’s, the popular Marie et Cie coffee house, Starbucks, and Colfax Elementary School. All units are currently rented on month-to-month leases. Units are eligible for rent increases beginning February 2027. Excellent opportunity for a buy-and-hold investor seeking long-term growth and income potential. Please respect tenant privacy. Drive-by only. Do not disturb occupants.
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Listed by David Ash with Access Southland Real Estate (818) 439-2819
Property Type
Quadruplex
Status
Active
MLS Number
IG26084067
Year Built
1951
Lot Size
6,504 sq ft