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2001 Valley Street, Los Angeles, CA 90057
$1,530,000
2001 Valley Street, Los Angeles, CA 90057View this property at 2001 Valley Street, Los Angeles, CA 90057
2001 Valley StreetLos AngelesCA90057
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Property Description
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.
Full Property Details
Full Property Details for 2001 Valley St
General
- Sold For: $1,530,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PT23192133
- Added to Site: 210 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room
- Interior Features: Open Floorplan, Recessed Lighting, Tandem
- Fireplace(s): None
- Appliances: Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Assigned, Detached Carport, Controlled Entrance, Tandem Covered, Tandem Uncovered
- Parking: Assigned, Detached Carport, Controlled Entrance, Tandem Covered, Tandem Uncovered
Location
- Area: C21 - Silver Lake - Echo Park
- County: Los Angeles
- Development Name: C21 - Silver Lake - Echo Park
- Driving Directions: Beverly Blvd to S Westlake Ave to Valley Street
Utilities
- Sewer: Public Sewer, Sewer Paid
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Bungalow
- Entry Location: ground level
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,425
- Year Built: 1930
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1469
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 2-5 Units/Acre, Corner Lot, Front Yard, Yard
Financial Considerations
- Price Per Sq. Ft.: $630.93
- Price Per Unit: 395000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Inclusions: All units if present - Fridge, washer/dryer, microwaves. Furniture in unit 2001 for sale
Listed by Real Estate eBroker, Inc., Stephanie Barnes
Sold by Jason Mitchell Real Estate CA, Deborah Bush
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Schools
Schools serving 2001 Valley St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
150 S Burlington Ave, Los Angeles, CA 90057 | K-5 | 0.2 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 6-8 | 0.4 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2001 Valley St
Date
Details
Price
Change
Source
1/02/2024
Sold
$1,530,000
-3.16%
MLS
10/15/2023
Listed
$1,580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2001 Valley Street, Los Angeles, CA 90057 (MLS# PT23192133) is a Multi-Family property that was sold at $1,530,000 on January 02, 2024. Want to learn more about 2001 Valley Street? Do you have questions about finding other Multi-Family real estate for sale in Elysian Park? You can browse all Elysian Park real estate or contact a Coldwell Banker agent to request more information.