6118 Ethel Avenue

Valley Glen, CA 91401

$2,295,000
Price
10
Beds
9
Baths
3,672 Sq. Ft.
$625 / Sq. Ft.
3,672
Sq. Ft.
$625
per Sq. Ft.

Description

Explore this stunning TRIPLEX nestled in the best area of Valley Glen. Each unit offers its own charm, featuring a family room, dining area, high ceilings, recessed lighting, laminate floorings, laundry facilities. The 4 bedrooms 2 baths remodeled main house and 2 new ADU's is one of the few new constructions' properties that will be delivered fully rented! Avoid the stress of buying an income property and leasing up all the units yourself..... Instead, inherit a smoothly running ultra-high rent...Explore this stunning TRIPLEX nestled in the best area of Valley Glen. Each unit offers its own charm, featuring a family room, dining area, high ceilings, recessed lighting, laminate floorings, laundry facilities. The 4 bedrooms 2 baths remodeled main house and 2 new ADU's is one of the few new constructions' properties that will be delivered fully rented! Avoid the stress of buying an income property and leasing up all the units yourself..... Instead, inherit a smoothly running ultra-high rent property with great tenants! 6118 Ethel Ave. is made up 4 bedrooms 2 bathrooms features unbeatable floorplan with large, tenant friendly kitchen and living room but not limited to quality modern cabinets, Islands, high ceilings. 2 ADU'S (Accessory Dwelling Unit) offers 3 bedrooms 3 bathrooms within 1200 sqft., With Its Own private entrance and spacious backyard, all bedrooms have its own full bath, providing unapparelled flexibility for savvy investor seeking rental income or multi-generational living solution. The end unit is 6120 Ethel Ave. Don't miss out on this exceptional opportunity to acquire investment property with endless potential. Schedule your showing today and unlock the full value of this remarkable asset.
  1. Listed by Jenia Cohenrad • DRE #01766116 • Brokerage DRE #00905345 • Pinnacle Estate Properties, Inc. • 818-613-3829

Property Details for 6118 Ethel Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3672
LISTING UPDATED: 02/16/2025 09:06 AM

Property Details for 6118 Ethel Avenue

StatusActive
MLS #SR24241952
Days on Market94
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.39 AC / 17,058 SF
CountyLos Angeles County

Building Information for 6118 Ethel Avenue

Stories1Residences-Year Built1940Building Size-Lot Size0.39 AC / 17,058 SF

Property Information for 6118 Ethel Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $163,200
  • Gross Scheduled Income: $163,200
  • Net Operating Income: $139,159
Expense Details
  • Operating Expense: $24,041
  • Fuel Expense: $1,800
  • Electric Expense: $6,000
  • Insurance Expense: $4,241
  • Trash Expense: $1,800
  • Water Sewer Expense: $10,200
  • Total Expenses: $24,041
Tax / Assessment Info
  • Tax Tract Number: 12094
  • Tax Census Tract: 1236.01
  • CFD/Mello-Roos Fee: $445
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Equipment: Inside, Other, Refrigerator
  • Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Recessed Lighting
  • Room Type: Family Room, Kitchen, Laundry, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Entry Location: street
  • Fence: Yes
  • Fence: Privacy, Vinyl
  • Fencing: Excellent Condition, Privacy, Security, Vinyl
  • Other Structures: Guest House Detached
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Irregular Lot, Near Public Transit, Park Nearby
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,800
  • Unit Type Total Rent: $4,800
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,400
  • Unit Type Total Rent: $4,400
  • Unit Type Pro Forma: 4600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,400
  • Unit Type Total Rent: $4,400
  • Unit Type Pro Forma: 4600
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2

Property History for 6118 Ethel Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6118 Ethel Avenue

Taxable ValueLand$736,848Additions$315,792Total$1,052,640
Tax Record2024$13,074 ($1,089 / month)
Home Facts
Beds3Total Finished SqFt1,272 SqFtAbove Grade Finished SqFt1,272 SqFtStories1Lot Size17,053 SqFtStyleSingle Family ResidenceYear Built1940ZoningLAR1CountyLOS ANGELESAPN2331-018-016

Schools near 6118 Ethel Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
John B. Monlux Elementary School
PublicK to 5

Erwin Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6118 Ethel Avenue is a multi-family home for sale in Valley Glen, CA 91401. This property was listed for sale on November 30, 2024 by Pinnacle Estate Properties, Inc., it's currently listed at $2,295,000. It has been on the market for a total of 94 days and was last sold on September 25, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include John B. Monlux Elementary School, Erwin Elementary School and James Madison Middle School. 6118 Ethel Avenue is a 10-bed, 9-bath, 3,672 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Estate Properties, Inc., Jenia Cohenrad, DRE #01766116

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.