5030 Valley BLVD, Los Angeles, CA 90032
5030 Valley BLVD, Los Angeles, CA 90032
5030 Valley BLVD, Los Angeles, CA 90032
5030 Valley BLVD, Los Angeles, CA 90032
5030 Valley BLVD, Los Angeles, CA 90032
5030 Valley BLVD, Los Angeles, CA 90032
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Ian Michael

Ian Michael

+1(714) 723-1545
$ 1,885,000
Est. payment | /mo

7 Beds

14 Baths

5,386 SqFt

Save
$ 1,885,000
Est. payment | /mo
Save

7 Beds

14 Baths

5,386 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,386 sqft

Price per Sqft $349

MLS Listing ID 26101900

Bedrooms 7

HOA Y/N No

Year Built 1961

Lot Size 0.263 Acres

Property Description

We are pleased to present 5030-5034 Valley Blvd, a 14-unit multifamily community located in the El Sereno neighborhood of Los Angeles. Priced at a 6.69% CAP and a 7.73 GRM on current rents, there are 2 VACANT and renovated one-bedroom units along with upside in rents to operate at an 8.11% CAP and a 6.90 GRM at market rents. This property is centrally located in close proximity to adjacent neighborhoods such as Lincoln Heights, Highland Park, City Terrace, Elysian Park, Monterey Park and Alhambra and is a short drive to DTLA. This opportunity consists of two separate, 2-story seven-unit buildings totaling 5,386 rentable square feet situated on a large 11,479 square foot LAC2 zoned midblock lot. With a unit mix of 7 one-bedroom one-bathroom units and 7 studio units, 12 out of 14 units have been renovated. The property is also fully parked with three tandem driveways on each side of the property with 8 individual uncovered parking spaces in the rear accessible by alley. Nearby tenant amenities and attractions include Yumami, Lucky Catsu, Elephant Hill Open Space, Secret Pizza, Tirzahs Mexi-Terranean Grill, El Sereno Community Garden, Evil Cooks, Rose Hill Recreation Center and Park, Mariscos El Chito and more. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Garage, Gated, Tandem, Uncovered

Community Features Gated

Total Parking Spaces 14

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5221001034

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

Nearby Locations

Ian Michael

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 723-1545

admin@luxurela.com

50 Wilshire Blvd suite 203,, Beverly Hills, California 9021290212, USA

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5030 Valley BLVD