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

7 Beds

14 Baths

5,386 SqFt


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

7 Beds

14 Baths

5,386 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,386 sqft

Price per Sqft $349

MLS Listing ID 26101900

Bedrooms 7

Year Built 1961

Lot Size 0.264 Acres

Acres 0.2635

Property Sub-Type Multi-Family

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 El Sereno

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Gated, Tandem, Uncovered

Garage Spaces 14.0

Building

Lot Description Single Lot

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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5030 Valley Blvd