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Key Details
Sold Price $3,795,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24061177
Sold Date 10/16/24
Construction Status Turnkey
HOA Y/N No
Year Built 2024
Annual Tax Amount $45,517
Lot Size 9,330 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 builder’s 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 Vg - Valley Glen
Zoning LARD1.5
Rooms
Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Inside
Interior
Interior Features Balcony
Laundry Location Washer Hookup,Gas Dryer Hookup,Inside
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscaped
Story 1
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 2324006023
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Balbir Arora • Arora Realty