Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1961
Sq.Footage
N/A
The Valley Glen Oasis is an extremely well-improved, 2-story, 24-unit building in the Valley Glen submarket of Los Angeles. Built in 1961, the building possesses an exceptional unit mix of 10 (3+2), 11 (2+2), 1 (2+1) and 2 (1+1) units. The building recently underwent a $1.7 million renovation to include a new state-of-the-art automated parking lift system which includes 20 car lifts (for a total of 44 parking spaces) and is housed by a brand new carport. Other renovations include security system with cameras and gate, new roof, new copper plumbing, energy efficient windows, tasteful landscaping, and new stonework. The building is eligible for future condominium conversion. This extremely well-maintained/improved asset is a great opportunity for an investor looking to purchase an asset with strong in place cash flow in an up-and-coming rental market with considerable rental upside potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Covered, Other
-
Pool
Yes
-
Pool Features
Private, Fenced, Filtered
Area & Lot
-
Lot Size(acres)
0.676
-
Property Type
Residential Income
Price
-
Sales Price
$6,175,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Matthew R. Kanner , Keller Williams Rlty Los Feliz
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