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2001 Valley St, Los Angeles, CA 90057
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2001 Valley St Los Angeles, CA 90057

$1,530,000 Sold Price as of 01/02/2024
  • 4 Beds
  • 4 Baths
  • 2,425 Sq.Ft.
Sold
$1,530,000 Sold Price as of 01/02/2024 Refinance Your Mortgage
Map preview of 2001 Valley St, Los Angeles, CA 90057

Property Overview: 2001 Valley St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,425 living square feet and 6,398 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Investors and Homebuyers! Incredible Opportunity: 4-Plex Back on the Market!!!! Are you searching for the perfect real estate investment? Look no further! We are excited to present to you a remarkable 4-Plex that has just become available again and is ready to be sold ASAP. Don't miss out on this golden chance to secure a profitable venture or find your dream home with multiple income streams. PLEASE DRIVE BY THE PROPERTY BEFORE SUBMITTING AN OFFER. ONE UNIT LEASED FOR 12 MONTHS FOR $3,675 PER MONTH! The other 3 units have had rent increases as of May 1st. Amazing four-plex opportunity minutes from Downtown Los Angeles! An FHA buyer's dream, this unique complex can be used for new owners to live in while renting the other three units. This well kept property consists of three 1bd/1ba bungalows and one large 1bd/1ba apartment located in the heart of the Historic Filipino Town. The adorable 1bd/1ba 1930's Spanish bungalows exude original charm with modern interiors. The bungalows are gut remodeled and re-imagined by the renowned firm Lehrer Architects. Functioning as independent homes with their own large fenced private yards. The bungalows feature open kitchen floor plans, high-end stainless-steel appliances, AC, laundry room, walk-in closets, updated flooring and bathrooms. The spacious apartment sits above the garage featuring an open living room, large kitchen, large walk-in closet, AC, recessed lighting, vinyl and wood flooring. This gated and secure complex has it all and boasts newer electrical, copper plumbing, windows, and doors throughout the property. Covered remote-gated tandem parking spaces for each unit. Occupied units command very strong rents from high quality tenants. Newer developments in the immediate neighborhood include multiple large multi-family projects, a Target and more to come in the very near future. Perfect for investors who want to enjoy high market rental rates and strong long-term appreciation. The property is also zoned R3 with big potential for developers to reimagine in a variety of ways. Take advantage of this moment to secure a property that not only offers immediate returns but also has the potential for long-term appreciation. Do not disturb tenants!! Tour available upon accepted offer. Don't let this second chance slip away. Act quickly to secure this amazing 4-Plex investment opportunity.

Listed by Stephanie Barnes | BRE #01845091 | Real Estate eBroker, Inc.
Last checked: 8 minutes ago | Last updated: January 3rd, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
6,398
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PT23192133
City
Los Angeles
County
Los Angeles
Time on Site
218 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $3,675
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,589
  • Total Rent: $2,614
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,548
  • Total Rent: $2,548
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,846
  • Total Rent: $1,775
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $128,196
  • Net Operating Income: $113,636
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,560
  • Trash: $1,560
  • Gardener: $5,760
  • Insurance: $1,200
  • Water/Sewer: $2,280

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2001 Valley St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
Interior Features
  • Open Floorplan, Recessed Lighting, Tandem
  • Levels: One
  • Security Features: Automatic Gate, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Detached Carport, Controlled Entrance, Tandem Covered, Tandem Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5154004012
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Property is not Attached
  • Offered With Property: All units if present - Fridge, washer/dryer, microwaves. Furniture in unit 2001 for sale
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Beverly Blvd to S Westlake Ave to Valley Street
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2001 Valley St

Last sold for $1,530,000 on January 2nd, 2024

  • January, 2024

  • Jan 2, 2024

    Date

    Sold

    CRMLS: PT23192133

    $1,530,000

    Price

  • Oct 15, 2023

    Date

    Active

    CRMLS: PT23192133

    $1,580,000

    Price

  • September, 2023

  • Sep 1, 2023

    Date

    Expired

    CRMLS: PT23005961

    $1,629,999

    Price

  • Jan 12, 2023

    Date

    Active

    CRMLS: PT23005961

    $1,690,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON MARKET! Buyer was unable to close. PLEASE DRIVE BY THE PROPERTY BEFORE SUBMITTING AN OFFER. SELLER'S 2.35% LOAN IS ASSUMABLE! ONE UNIT LEASED FOR 12 MONTHS FOR $3,675 PER MONTH! The other 3 units have had rent increases as of May 1st. Amazing four-plex opportunity minutes from Downtown Los Angeles! An FHA buyer's dream, this unique complex will be delivered with one unit available for new owners to live in while renting the other three units. This well kept property consists of three 1bd/1ba bungalows and one large 1bd/1ba apartment located in the heart of the Historic Filipino Town. The adorable 1bd/1ba 1930's Spanish bungalows exude original charm with modern interiors. The bungalows are gut remodeled and re-imagined by the renowned firm Lehrer Architects. Functioning as independent homes with their own large fenced private yards. The bungalows feature open kitchen floor plans, high-end stainless-steel appliances, AC, laundry room, walk-in closets, updated flooring and bathrooms. The spacious apartment sits above the garage featuring an open living room, large kitchen, large walk-in closet, AC, recessed lighting, vinyl and wood flooring. This gated and secure complex has it all and boasts newer electrical, copper plumbing, windows, and doors throughout the property. Covered remote-gated tandem parking spaces for each unit. Occupied units command very strong rents from high quality tenants. Newer developments in the immediate neighborhood include multiple large multi-family projects, a Target and more to come in the very near future. Perfect for investors who want to enjoy low vacancy rates, high market rental rates and strong long-term appreciation. The property is also zoned R3 with big potential for developers to reimagine in a variety of ways. Do not disturb tenants!! Tour available upon accepted offer.

  • November, 2022

  • Nov 1, 2022

    Date

    Canceled

    CRMLS: PF22181104

    $1,799,888

    Price

  • Aug 19, 2022

    Date

    Active

    CRMLS: PF22181104

    $2,250,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing four-plex with a fantastic Cap Rate! This turnkey property consists of three bungalows and one large apartment located in the heart of the Historic Filipino Town. The adorable 1bd/1ba 1930's Spanish bungalows exude original charm with modern interiors. The bungalows are gut remodeled and re-imagined by the renowned firm Lehrer Architects. Functioning as independent homes with their own large fenced private yards, these gorgeous homes are perfect for working from home. The bungalows feature open kitchen floor plans, high-end stainless-steel appliances, AC, laundry room, walk-in closets, updated flooring, and bathrooms. The spacious 1bd/1ba apartment sits above the garage featuring an open living room, large kitchen, large walk-in closet, AC, recessed lighting, vinyl, and wood flooring. This gated and secure complex has it all and boasts newer electrical, copper plumbing, windows, and doors throughout the property. Covered remote-gated tandem parking spaces for each unit. All units are occupied by very responsible and respectful tenants. Newer developments in the immediate neighborhood include multiple large multi-family projects, a Target, and more to come in the very near future. Perfect for investors who want to enjoy low vacancy rates, high market rental rates, and strong long-term appreciation. The property is also zoned R3 with big potential for developers. Do not miss this amazing opportunity

  • August, 2019

  • Aug 8, 2019

    Date

    Sold

    CRMLS: 19442332

    $1,300,000

    Price

  • Jul 30, 2019

    Date

    Pending

    CRMLS: 19442332

    $1,399,000

    Price

  • Apr 8, 2019

    Date

    Price Change

    CRMLS: 19442332

    $1,399,000

    Price

  • Mar 27, 2019

    Date

    Active

    CRMLS: 19442332

    $1,450,000

    Price

  • Mar 21, 2019

    Date

    Active Under Contract

    CRMLS: 19442332

    $1,450,000

    Price

  • Mar 10, 2019

    Date

    Active

    CRMLS: 19442332

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible fourplex! Gorgeous units with their own separate addresses and no common walls: Three (3) bungalows PLUS One (1) large apartment. The absolutely Adorable 1930's Spanish bungalows exude original charm with modern interiors. Two of the bungalows gut remodeled and re-imagined by renowned firm Lehrer Architects. These gorgeous homes feature open kitchen floor plans, higher end appliances, AC. The third bungalow has been updated and features the charming original floor plan with formal dinning room and galley kitchen. The bungalows function as independent homes with their own private yards - highly sought after by the best tenants. The spacious Apartment sits above the garage and features an open living room, large kitchen, separate bedroom and large walk in closet. Very light and bright and private. All units have their own laundry! Gated covered parking for each unit. Amazing cash flow investment opportunity!

  • August, 2019

  • Aug 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • January, 2016

  • Jan 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 2001 Valley St

Assessed Value (2020): $1,300,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $300,000 $1,300,000

Home Value Compared to the Market

This property vs the competition

2001 Valley St sold on January 2, 2024 for 32.77% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $651.55 per/sqft which puts the price per square foot 13.7% lower than the current median sale per square foot for the city of Los Angeles.

About 2001 Valley St

Detailed summary of property

2001 Valley St is a fourplex that recently sold in Los Angeles, CA 90057. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 2,425 living square feet, and sits on an approximately 6,398 square foot lot. 2001 Valley St was first listed on ArdentRealEstateGroup.com on October 15, 2023. The homeowner sold the property for $1,530,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.77% higher than the current median priced home. Local homes that are currently for sale include 1840 11th Pl, 802 N Dillon St and 833 N Vendome St. While the average home in Los Angeles, CA is selling in 92 days, 2001 Valley St has a days on market of 31 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2001 Valley St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2001 Valley St

Public county record property details
Beds
4
Baths
4
Year built
1930
Sq. Ft.
2,424
Lot Size
6,397
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5154-004-012

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
12
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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