Residential Income Details
Presenting a 4 unit residential income property opportunity in prime Valley Village! This well located quadruplex features four 2 + 1 Units with 3,894 total square feet of living space on a 6,499 square foot lot Zoned LAR3. Each unit boasts charming original details, front and back entrances, and spacious interiors. Each unit has individual meters for gas and electric, and one covered parking space. This value-add property is very solid at: $4,174/month; $50,088/year. At the $849,000 asking price, the property is: $212,500/Unit; a 16.97 current GRM; a 3.61% current CAP; and $218/SF. Perfect for long term investors. Walking distance to Valley Village, NoHo Arts District, restaurants, schools, shops and the Metro Rail.
|Number of Units||4|
|Listing Brokerage||Keller Williams Larchmont|
|Listing Agent||John Barrentine|
|Listing Agent BRE #||01207185|
|Co-Listing Agent||Joe Myers|
|Co-Listing Agent BRE #||01876220|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, December 8, 2017.
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