7323 Valmont Street, Los Angeles, CA 91042

$2,695,000

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List Price
$2,695,000
Price Change
▼ $300,000 1784375930
Status
ACTIVE
MLS#
P1-27863
Year Built
1940
Lot Size
11,814
Acres
0.27
Lot Location
Yard
Days on Market
23
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Set in the San Gabriel Mountain foothills of Tujunga,7323 Valmont St is an 8-unit value-add apartmentproperty held across two contiguous LARD2 parcels.About half the eight units are remodeled with newkitchens, baths, flooring, and in-unit laundry; the restoffer clear mark-to-market upside as renovated. Withan adjacent vacant parcel for future development, thisis a true value-add play in a supply-constrained foothillsubmarket.

Additional Information

Appliances
Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Range Hood, Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Mountain(s)
Attached Structure
Detached
Gross Scheduled Income
$191,880
Operating Expense
71492

Listing courtesy of Listing Agent: Trey A Ballard (trey@andersonballard.com) from Listing Office: eXp Realty of Greater Los Angeles.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.