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Key Details
Sold Price $3,795,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24061177
Sold Date 10/16/24
Bedrooms 16
HOA Y/N No
Lot Size 9,331 Sqft
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 builders 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.
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 builders 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.
Location
State CA
County Los Angeles
Area North Hollywood (91605)
Zoning Builder
Interior
Cooling Central Forced Air
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 3 Story
Others
Monthly Total Fees $29
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Bought with Balbir Arora • Arora Realty