See all 23 photos
23 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,875,000
Est. payment /mo
16 Beds
16 Baths
7,180 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,180 sqft
Price per Sqft $400
MLS Listing ID 26900119
Bedrooms 16
HOA Y/N No
Year Built 2020
Lot Size 7,117 Sqft
Property Description
Four substantial residences. Eight garage parking spaces. Private yards. Modern construction. Strong income. A truly differentiated Valley Glen investment built for long-term ownership. A rare opportunity to acquire a turnkey, newer-construction four-unit property offering the space, privacy, and functionality of individual homes with the income and efficiency of a multifamily investment.Ideally positioned on a prominent corner lot in Valley Glen and backing to a quiet residential neighborhood, the property features four expansive townhome-style residences, each offering 4 bedrooms, 4 bathrooms, a private yard, attached two-car garage, two balconies, and in-unit laundry.Designed with today's renter in mind, each residence features an open-concept living and dining area, modern kitchen with thoughtfully selected finishes, generously sized bedrooms, abundant closet and storage space, and a highly functional floor plan that lives more like a single-family home than a traditional apartment.The combination of large four-bedroom layouts, private outdoor space, direct-access garages, and modern construction creates an exceptionally compelling rental product in a market where comparable offerings are difficult to replicate.Currently generating strong, stable income at an attractive 6.1% cap rate, the property offers investors immediate cash flow with the long-term appeal of a high-quality asset in one of the Valley's most desirable residential rental pockets. One residence may also be delivered vacant at the buyer's request, creating a unique opportunity for an owner-user, multigenerational buyer, or investor seeking additional leasing flexibility.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 8
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2246006001
Special Listing Condition Standard
Read Less Info
Listed by Kaela Whelan Compass #01965737
Nearby Locations
GET MORE INFORMATION