12807 Barbara Ann St, Valley Glen
Luxury Brand New 6-Unit in Rare Valley Glen Location
OPPORTUNITY ZONE, pre-market new construction 6-unit in rare Valley Glen Location! 8 minutes to NoHo West. With a 6.01% PRO FORMA 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! These upscale units features massive open floorplans, countless balconies and windows throughout, and high end finishes. This is the new construction deal you've been waiting for!
The Important
Details
List Price:
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# Units:
Year Built:
Cap Rate:
GRM:
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$3,795,000
6-Unit
In Escrow
6
2024
6.01%
12.83
$295,800/yr
9,570 sqft
9,331 sqft
$396.55
$632,500
1 x 5b/5b, 1 x 4b/5b, 1 x 4b/4b, 3 x 3b/4b,
Yes
10 Carport Spaces
Massive, open floorplans. Opportunity zone.
The Highlights
Projected cap rate of 6.01%!
Opportunity zone! Major tax benefits (consult a CPA).
Rare Valley Glen location!
Massive units with premium open floorplans.
High end, modern finishes.
No rent control!
Tenants pay all utilities (separate meters for gas and electric, 6 submeters for water)
Ultra-low price per door of $632,500.
Units boast upscale finishes, including marble top islands, designer tiles, modern glossy cabinets, and natural wood waterproof vinyl.
Countless balconies and massive windows throughout, making for light, bright units.
Ideal unit mix of one 5-bedroom unit, two 4-bedroom units & three 3-bedroom unit!
The Neighborhood
<15-Minute Walk
The Drunken Crab, LA Ax, Kazuki Sushi, Valley Plaza Sports Complex, Whitsett Sports Field, Bangin Buns, Cilantro Mexican Grill, Coldwater Canyon Ave Elementary School
<15-Minute Drive
NoHo West, LA Fitness, Westfield Fashion Square, Los Angeles Valley College, Whole Foods, NoHo Arts District, Notre Dame High School, Crumbl, Trader Joe’s, Norms
<$15 Uber Ride
NoHo West, LA Fitness, Westfield Fashion Square, Los Angeles Valley College, Whole Foods, NoHo Arts District, Notre Dame High School, Crumbl, Trader Joe’s, Norms
Contact
Lauren Cearley
213.302.8662
Property Presented By:
