2001 Valley Street
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 6,398 sqft lot
- 1930 build
- – on site
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Attention Investors and Homebuyers! Incredible Opportunity: 4-Plex Back on the Market!!!! Are you searching for the perfect real estate investment? Look no further! We are excited to present to you a remarkable 4-Plex that has just become available again and is ready to be sold ASAP. Don't miss out on this golden chance to secure a profitable venture or find your dream home with multiple income streams. PLEASE DRIVE BY THE PROPERTY BEFORE SUBMITTING AN OFFER. ONE UNIT LEASED FOR 12 MONTHS FOR $3,675 PER MONTH! The other 3 units have had rent increases as of May 1st. Amazing four-plex opportunity minutes from Downtown Los Angeles! An FHA buyer's dream, this unique complex can be used for new owners to live in while renting the other three units. This well kept property consists of three 1bd/1ba bungalows and one large 1bd/1ba apartment located in the heart of the Historic Filipino Town. The adorable 1bd/1ba 1930's Spanish bungalows exude original charm with modern interiors. The bungalows are gut remodeled and re-imagined by the renowned firm Lehrer Architects. Functioning as independent homes with their own large fenced private yards. The bungalows feature open kitchen floor plans, high-end stainless-steel appliances, AC, laundry room, walk-in closets, updated flooring and bathrooms. The spacious apartment sits above the garage featuring an open living room, large kitchen, large walk-in closet, AC, recessed lighting, vinyl and wood flooring. This gated and secure complex has it all and boasts newer electrical, copper plumbing, windows, and doors throughout the property. Covered remote-gated tandem parking spaces for each unit. Occupied units command very strong rents from high quality tenants. Newer developments in the immediate neighborhood include multiple large multi-family projects, a Target and more to come in the very near future. Perfect for investors who want to enjoy high market rental rates and strong long-term appreciation. The property is also zoned R3 with big potential for developers to reimagine in a variety of ways. Take advantage of this moment to secure a property that not only offers immediate returns but also has the potential for long-term appreciation. Do not disturb tenants!! Tour available upon accepted offer. Don't let this second chance slip away. Act quickly to secure this amazing 4-Plex investment opportunity.
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Last updated Jan 3, 2024
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MLS# PT23192133 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Stucco
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Architectural Style:Bungalow
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Entry Level:1
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Common Walls:No Common Walls
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Number With Patio:3
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Building Area Total:2425.00
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Building Area Units:Square Feet
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# of Buildings:4
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Total Number Of Units:4
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Stories Total:1
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# of Separate Gas Meters:4
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# of Separate Water Meters:4
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# of Separate Electric Meters:4
Interior
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Features:Open Floorplan, Recessed Lighting, Tandem
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Levels:One
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Entry Location:ground level
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Room Type:All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
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Laundry:1
Location
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Directions:Beverly Blvd to S Westlake Ave to Valley Street
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Latitude:34.06463600
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Longitude:-118.27004700
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Property Condition:Turnkey, Updated/Remodeled
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Zoning:LAR3
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Lot Features:2-5 Units/Acre, Corner Lot, Front Yard, Yard
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Lot Size Area:6398.0000
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Lot Size Acres:0.1469
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Lot Size SqFt:6398.00
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Lot Size Source:Assessor
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Fencing:Wood
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Fence:Yes
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Security Features:Automatic Gate, Gated Community, Smoke Detector(s)
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Road Frontage:City Street
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:B
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Tax Census Tract:2084.01
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Tax Tract:67
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Tax Lot:12
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5154004012
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
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Sewer:Public Sewer, Sewer Paid
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Electric:Electricity - On Property
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Water Source:Public
Appliances
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Appliances:Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
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Included:Yes
The Community
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Senior Community:No
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Features:Curbs, Sidewalks, Street Lights
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Pool:None
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Private Pool:No
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Spa Features:None
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Inclusions:All units if present - Fridge, washer/dryer, microwaves. Furniture in unit 2001 for sale
Parking
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Parking:Yes
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Parking:Assigned, Detached Carport, Controlled Entrance, Tandem Covered, Tandem Uncovered
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Parking Spaces:8.00
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Uncovered Spaces:5.00
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Carport Spaces:3.00
Extra Units
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Number With Disposal:4
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/3/24
Jan 3, 2024
|
BRIDGE | $1,530,000 | -3.2% | |
|
12/20/23
Dec 20, 2023
|
BRIDGE | $1,580,000 | ||
|
11/16/23
Nov 16, 2023
|
BRIDGE | $1,580,000 |
