11758 Magnolia Blvd - Multi-Family FOR SALE


Valley Village, CA 91607
$1,650,000 USD
310-245-5600
11758 Magnolia Blvd, Valley Village, CA for Sale
$1,650,000 USD
Multi-Family - FOR SALE
1/14
null | 5.73% Cap Rate

11758 Magnolia Blvd
Valley Village, CA 91607


OVERVIEW

INVESTMENT HIGHLIGHTS Prime Valley Village Two SEPARATE LOTS Two SEPARATE APNs Two SEPARATE TRIPLEXES Each lot contains a Triplex with a parking structure in the rear Alley in the back of the property Ideal for addition of ADU apartments Corner Lot located on Magnolia Blvd and Morella Avenue New 200 Amp electrical upgrade Trash picked up by the city as part of DWP bill for each triplex 30-year fixed residential financing available for each triplex, or Commercial financing available for 6 units Storage income Upside in rents Great Value if an investor chooses to sell each triplex separately

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

6

PRICE/UNIT

$275,000

CAP RATE

5.73%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11752&11758 Two Lots,2Triplexes,2 APNs

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2355-005-021

ASK ABOUT THIS PROPERTY

Janette MonfaredMarcus & MillichapMore Info
310-245-5600

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Janette MonfaredMarcus & MillichapMore Info
310-245-5600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.