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6118 Ethel Avenue, Valley Glen, California 91401, Valley Glen, 91401 - bed, bath

6118 Ethel Avenue, Valley Glen, California 91401 home-pic-0
ACTIVE$2,500,000
6118 Ethel Avenue, Valley Glen, California 91401
0Bed
0Bath
3,672Sqft
17,058Lot
Year Built
1940
Close
-
List price
$2.5M
Original List price
$2.29M
Price/Sqft
$681
HOA
-
Days on market
-
Sold On
-
MLS number
SR24241952
Home ConditionExcellent
Features
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.50M(75th), sqft - 3672(50th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
09/13/25
Price Change
$2,500,000+9.4%
08/20/25
Price Change
$2,285,000
12/02/24
Listing
$2,295,000
Condition Rating
Excellent
Despite the 1940 build year, the listing explicitly states the main house is 'remodeled' and the two ADUs are 'new constructions'. The images confirm this with modern gray shaker cabinets, white countertops, stainless steel appliances, recessed lighting, and consistent laminate flooring throughout. Bathrooms feature contemporary vanities and tiled shower/tub combos. All visible components appear new or virtually new, reflecting a very recent and extensive renovation meeting current quality standards.
Pros & Cons

Pros

Strong Income Potential: The property is a triplex delivered fully rented with 'ultra-high rent' and 'great tenants,' providing immediate and stable cash flow for an investor.
New Construction ADUs: Includes two newly constructed Accessory Dwelling Units (ADUs) with 3 beds/3 baths each, significantly enhancing rental income, flexibility for multi-generational living, and overall property value.
Remodeled Main House: The main 4-bedroom, 2-bathroom house has been remodeled with modern features such as quality cabinets, islands, high ceilings, recessed lighting, and laminate flooring, appealing to tenants and reducing immediate capital expenditures.
Desirable Location: Situated in the 'best area of Valley Glen,' suggesting a prime location that typically commands higher rents and property appreciation.
Spacious Lot Size: A generous lot size of 17,058 sqft offers ample outdoor space for tenants and potential for future landscaping or amenities, which is valuable for multi-unit properties.

Cons

Age of Original Structure: The main house was built in 1940. While remodeled, the underlying older infrastructure could lead to unforeseen maintenance issues or higher long-term upkeep costs compared to entirely new construction.
Lack of Scenic Views: The property explicitly states 'view: None,' which might be a drawback for buyers seeking properties with desirable scenic or city views, potentially limiting its appeal to a segment of the market.
Significant Price Increase: The list price has increased from $2.295M to $2.5M, indicating a substantial price adjustment that could suggest an aggressive pricing strategy or a higher entry point for potential buyers.

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