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11925 Kling St, Valley Village, CA 91607 | Multifamily Income Property

11925 Kling St, Valley Village, CA 91607
Featured Multifamily
REI Capital advisor
Market Insight

Opportunity

Strategic Investment Considerations: The property’s turnkey condition and modern systems make it ideal for passive investors or those seeking to expand a diversified portfolio without immediate major renovations. With 52,393 SF on a 0.67-acre lot, there may be opportunities to add value through operational efficiencies, amenity enhancements, or minor cosmetic updates to boost NOI and cap rate over time. The stable cap rate and location in a resilient market buffer against economic downturns, while the multifamily asset class historically outperforms other real estate sectors during inflation cycles.

Market Insight

Opportunity

Market Context and Competitive Edge: Limited new multifamily development in Valley Village due to land scarcity and regulatory hurdles reduces competition, supporting occupancy and rental growth. An influx of renters in Los Angeles County, driven by high homeownership costs, sustains demand for quality mid-tier apartments like this asset. Features such as recycling programs, smoke-free policies, and wheelchair accessibility align with growing tenant and investor preferences for sustainable, inclusive properties, potentially enhancing long-term value.

Market Insight

Strength

Strong Financial Positioning with Calculated Upside: The property generates an estimated Net Operating Income (NOI) of $1,017,000, derived from a $30,000,000 sale price and a 3.39% cap rate. This reflects a cash-flowing asset in a high-demand market, suitable for investors seeking consistent returns. At $625,000 per unit and $572.59 per square foot, the pricing aligns with Class B multifamily assets in Greater Los Angeles, offering a competitive entry point relative to newer constructions or Class A properties. Built in 2012, the property minimizes near-term major repair costs, enhancing cash flow predictability and reducing operational risks.

Market Insight

Strength

Prime Location and Market Resilience: Situated in Los Angeles County, the property benefits from proximity to urban amenities, employment hubs, and transportation networks, driving consistent rental demand. LAR3 zoning supports multifamily use and potential density, allowing for future value-add opportunities such as amenity upgrades or unit reconfigurations without rezoning hurdles. Southern California’s limited housing supply and population growth underpin long-term appreciation potential, with Valley Village offering a balance of affordability and accessibility compared to adjacent premium submarkets.

Market Insight

Strength

Asset Quality and Tenant Appeal: The 48-unit, 4-story building features contemporary construction (2012) with functional layouts, appealing to a broad tenant base including young professionals and small families. In-unit features (air conditioning, full kitchens) and building-wide amenities (controlled access, tenant-controlled HVAC, recycling, smoke-free policies) enhance tenant retention and support competitive rental rates. At 0.99 spaces per 1,000 SF, parking meets typical urban multifamily standards, reducing a common pain point in dense markets and adding to marketability.

$30,000,000
Investment Value
3.39%
CAP Rate
šŸ“ˆ Strong 3.39% cap rate vs market average.
$1,017,000
Annual NOI
šŸ’° High NOI demonstrates strong operational efficiency.
52,393 SF
Rentable Area
šŸ¢ Optimal size for institutional investors.
$572.60
Price per SF
šŸŽÆ Attractive price per SF vs comparable properties.

Valley Village, CA Multifamily Property Overview

  • Multifamily Building located in Valley Village, CA
  • Built in 2012
  • 52,393 SF of rentable area

Property Details

Year Built 2012 Building Type Multifamily
Total Size 52,393 SF Zoning LAR3
Parking Spaces N/A Property Tax Rate 1.18% (average property)
Cap Rate 3.39% Annual NOI $1,017,000
Price $30,000,000 Price/SF $572.60
Location Valley Village, CA County N/A
REI Capital advisor
Align Your Capital Strategy

Compare direct ownership against passive CRE platform exposure.

The calculator below frames the capital, risk, and operating burden of acquiring a property directly. REI Capital provides a professionally managed alternative with institutional underwriting and a 9% target annual growth projection.

REI Capital advisor
Direct Ownership Underwriting

Build Your Investment Scenario

Start with property economics, adjust financing, then test the exit. Every graph below updates with your assumptions.

1
Property EconomicsDefine the acquisition basis and income.
1.18%
2
Financing StructureTest leverage, borrowing cost, and amortization.
25%
5.0%
30 years
3
Hold & ExitSee how time and appreciation change the outcome.
5 years
4.0%
Down Payment Amount: $2,125,000
Loan Amount: $6,375,000
Monthly Mortgage: $34,234
Monthly Tax: $8,365
Total Monthly Payment: $42,599
Monthly Cash Flow: $1,234
Cash on Cash Return: 8.7%
Cap Rate: 6.2%
Debt Coverage Ratio: 1.54x
IRR (5 years): 12.3%
Projected Property Value: $9,854,932
Net Equity at Sale: $4,567,890
šŸ“Š Monthly Payment Analysis

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šŸ’µ Cash on Cash Return

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šŸš€ Internal Rate of Return

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šŸ›ļø Property Tax Analysis

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* Calculations are estimates only. Actual returns may vary based on market conditions, financing terms, operating expenses, and other factors. Consult with financial and legal professionals before making investment decisions.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting, defensive retail, and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating… —
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating… —
Projected difference —

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, durable income streams, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Passive CRE Investors

Review essential-service retail opportunities focused on cash-flow stability, tenant quality, and inflation resistance.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct property ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies focused on downside protection, tenant quality, and capital preservation.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital preservation
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, tenant-quality focus, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors Ā· Private overview Ā· PDF access

Investment Due Diligence For 11925 Kling St, Valley Village, CA Income Property

Key questions for informed investment decisions

What is the investment thesis for this property? +
The investment thesis centers on acquiring a modern, cash-flowing Class B multifamily asset in a prime Valley Village location within Los Angeles County. Built in 2012, this 48-unit apartment complex offers stable returns with a 3.39% cap rate and an estimated NOI of $1,017,000, supported by high demand in a supply-constrained urban market. Its turnkey condition minimizes near-term capital expenditures, while LAR3 zoning and functional amenities provide upside potential through operational efficiencies and value-add enhancements. This property is ideal for investors seeking long-term appreciation, portfolio diversification, and a foothold in a resilient Southern California submarket.
What are the key financial metrics and pricing details? +
The property is priced at $30,000,000, equating to $625,000 per unit and $572.59 per square foot. It generates an estimated Net Operating Income (NOI) of $1,017,000, reflecting a cap rate of 3.39%. These metrics indicate a stable cash-flowing asset aligned with Class B multifamily pricing in Greater Los Angeles. The modern construction year (2012) reduces immediate capital expenditure risks, enhancing cash flow predictability. Financial projections should account for potential NOI growth through rental rate increases and operational optimizations given the high-demand market.
How does the location and market context impact the investment? +
Located in the desirable Valley Village neighborhood of Los Angeles County, the property benefits from proximity to urban amenities, employment hubs, and transportation networks, driving consistent rental demand. The LAR3 zoning supports multifamily use and allows for future value-add opportunities without rezoning hurdles. Southern California’s limited housing supply and population growth underpin long-term appreciation, with Valley Village offering a balance of affordability and accessibility compared to premium adjacent submarkets. This location mitigates vacancy risks and supports competitive rental rates.
What are the potential risks associated with this investment? +
Primary risks include interest rate fluctuations affecting financing costs, economic downturns impacting tenant affordability, and increased regulatory or tax burdens in California. The 3.39% cap rate, while stable, is modest relative to higher-yield markets, which may limit short-term cash-on-cash returns. Additionally, operational risks such as rising maintenance costs or unexpected repairs, though mitigated by the 2012 build year, should be monitored. Market-specific risks include competitive new developments in the broader Los Angeles area, though Valley Village’s land scarcity reduces local supply threats.
What value-add opportunities exist to enhance returns? +
Value-add opportunities include implementing operational efficiencies to reduce expenses, upgrading common areas or unit interiors (e.g., modern fixtures, flooring) to justify rental premium, and optimizing amenity usage (e.g., enhancing controlled access systems). The 0.67-acre lot and LAR3 zoning may allow for minor density expansions or amenity additions like a fitness center or outdoor space, subject to approvals. Additionally, green initiatives (e.g., energy-efficient HVAC, enhanced recycling) could attract ESG-focused tenants and reduce utility costs. These strategies aim to boost NOI, increase the cap rate, and drive property appreciation over a 3Ć¢ā‚¬ā€œ5 year hold period.

Things Near 11925 Kling St, Valley Village, CA

Valley Village Park

0.5 miles

Colfax Charter Elementary School

0.8 miles

North Hollywood Recreation Center

1.2 miles

Ventura Boulevard Shopping District

1.5 miles

Metro B Line (Red Line) North Hollywood Station

2.0 miles

About Valley Village

Located in California, Valley Village is a dynamic area with strong commercial real estate fundamentals and excellent connectivity.

Population N/A
Median Age N/A
Avg. Household Income N/A

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