7323 Valmont Street, Los Angeles, CA, CA 91042
- $2,695,000
- List Price
- $2,695,000
- Price Change
- ▼ $300,000 1784375930
- Status
- ACTIVE
- MLS#
- P1-27863
- County
- Los Angeles
- Year Built
- 1940
- Building Square Feet
- 6,114
- Square Feet
- 11,814
- Days on Market
- 26
- 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.
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Additional Information
- Parcel Number
- 2558022011
- Rent Control
- Yes
- Gross Scheduled Income
- $191,880
- Operating Expense
- 71492
- Net Operating Income
- $114,631
- Number of Buildings
- 1
- Lot Features
- Yard
- Security Features
- Security Gate
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Range Hood, Water Heater
- Heat
- Central
- Cooling
- Yes
- View
- Mountain(s)
- Community Features
- Biking, Foothills, Golf, Hiking, Mountainous, Suburban, Valley
Listing courtesy of Listing Agent: Trey A Ballard (trey@andersonballard.com) from Listing Office: eXp Realty of Greater Los Angeles.
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