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$ 2,875,000
Est. payment | /mo
16 Beds
7,180 SqFt
$ 2,875,000
Est. payment | /mo
16 Beds
7,180 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 7,180 sqft
Price per Sqft $400
MLS Listing ID CL26900119
Bedrooms 16
HOA Y/N No
Year Built 2020
Lot Size 7,117 Sqft
Acres 0.16
Property Sub-Type OTHER
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
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 2246006001
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Listed by Kaela Whelan • Compass
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