SOLD
$7,125,000
Date 12/27/2023

12015 Kling Street
Valley Village, CA 91607

Other
Residence
40
Beds
40
Baths
23,973
Sqft
0.6482
Lot Size
Listing Agent: David Saghian CalDRE: 01992252 - Kidder Mathews of California, Inc.
The offering is a rare and attractive value add investment property located in Valley Village adjacent to Studio City. The property is situated in one of the trendiest neighborhoods in the San Fernando Valley, located just off of Laurel Canyon Blvd tenants are within close walking distance to a plethora of fine dining, shopping, and entertainment option. The asset is well maintained with little to no deferred maintenance and recent additions and upgraded copper plumbing. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime Valley location with value-add potential of about 28%. There is an excellent unit mix consisting of eight (8) one (1)Bedroom / one (1) Bathroom units and, sixteen (16) two (2) Bedroom/ two (2) Bathroom units, very desirable for today's rental market. There is ample space for parking as well in the back of the building. Seismic Retrofit has been completed. All units are separately metered gas and electric and include their own private patio's. This valuable asset is available for sale for the first time in 50 Years!
23313083
Other, 2 Story
40
Los Angeles
40
1961
0.6482 Acres
2
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: David Saghian CalDRE: 01992252 - Kidder Mathews of California, Inc.
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