12807 Barbara Ann Street, Valley Glen, CA 91605

$3,795,000

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List Agent Elizabeth Maddox () Myunits.com Inc.; CoList () Courtesy of Selling Office: Arora Realty, Balbir Arora - Selling Agent DRE# and Courtesy of Listing Office Myunits.com Inc., Elizabeth Maddox - Agent DRE#

Sold Price
$3,795,000
List Price
$3,795,000
Closing Date
Oct 16, 2024
Status
CLOSED
MLS#
BB24061177
Year Built
2024
Lot Size
9,331
Lot Location
Landscaped
Days on Market
0
Property Type
Multifamily
Style
Modern
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

12807 Barbara Ann is a brand new 2024 construction OPPORTUNITY ZONE 6-unit located in a RARE Valley Glen location, just 8 minutes from Noho West! With a 6.01% projected cap rate, an impossibly low price per door of $632,500, and NO RENT CONTROL, this is the new construction property you've been waiting for! Plus, you get all of this with minimal expenses, premium design, and the ease of owning a hassle-free 2024 construction! 12807 Barbara Ann is made up of one large 5 bed, 5 bath tri-level townhome style unit, two massive 4 bed, 5 bath tri-level townhomes style units, and three 3 bed, 4 bath units with spacious floorplans, and 10 parking spots. The excellent location, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, quality wood doors, all appliances included, modern glossy cabinets, large islands, high ceilings, huge walk in closets, balconies off the living space, countless windows everywhere you look allowing for maximum light, natural wood water proof vinyl, and more! In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas & electric, 6 submeters for water, and extreme desirability amongst renters for years to come.

Additional Information

Taxes
$45,517
Appliances
Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.