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$1,075,000
Est. payment /mo
6 Beds
4 Baths
6,995 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2604254
Bedrooms 6
Lot Size 6,995 Sqft
Lot Dimensions 50'x140'x50'x14
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a well-located four-unit apartment property (7410-7412 1/2) in a strong rental pocket of Sun Valley. The property features a desirable unit mix of two spacious 2-bedroom/1-bath units and two oversized 1-bedroom/1-bath units. All units are larger than typical for the area, enhancing tenant appeal and supporting long-term occupancy. This asset offers multiple clear paths to increased income and overall value. A street-facing courtyard presents an excellent opportunity to create a landscaped outdoor amenity space, adding usability and appeal-particularly for the front 1-bedroom unit. With thoughtful improvements, this feature can contribute to higher achievable rents and improved tenant retention. The property also includes two detached 2-car garages that are currently not utilized by tenants. These garages provide immediate upside potential through separate rental income or by incorporating them into existing units to justify rent increases. Additionally, they may present a potential opportunity for conversion into additional units (buyer to verify), offering a compelling path to significantly higher total income. Investors can choose to operate the property in its current condition with stable rental demand and consistent cash flow, or implement a renovation program to capture full market rents. The larger unit sizes and functional layouts position the property well for interior and exterior upgrades that can command premium pricing. Located in a high-demand rental area of Sun Valley, the property benefits from close proximity to major employment
Location
State CA
County Los Angeles
Zoning Assessor
Direction On East side of the street Between Valerio Street and Saticoy Street. No parking on Vineland on Wed afternoon.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 2410002015
Acceptable Financing Conventional, Exchange, FHA, VA
Listing Terms Conventional, Exchange, FHA, VA
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Listed by Jeffrey Hein, DRE#01232396 Premiere Real Estate
Nearby School & Business
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