Millman Team Real Estate

$1,770,000
4 Bed
6 Bath
3,756 Sqft
0.15 Acre Lot

11926 Magnolia Boulevard 1/4, Valley Village, California 91607

  • Residential Income Property Type
  • 3,756 Sqft Square Footage
  • Garage Cars Garage
  • 1947 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
25528461
$1,770,000
4
6
3,756 Sqft
1947
0.15 Acre
Active
Features
: Wall Furnace
: Garage, Door-Multi, Carport
$0
Appliances
: Refrigerator
Address Map
CA
Los Angeles
Valley Village
91607
Magnolia
11926
Boulevard
West of Laurel Canyon
VVL - Valley Village
1/4
LAR3
Additional Information
$0
$0
$0
$0
$0
3756
: Multi/Split
6
2025-04-21
2
Broker/Agent Information
eXp Realty of California Inc
Rafi Ekmekian
Listing Information
CLW-X75471
CLW-X78984
Active
2025-09-12T18:06:16Z
CRMLS
: Standard
2025-04-21T00:00:00Z
Agent info
Ray Millman
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