Active
5763 Laurel Canyon Boulevard
Valley Village CA, 91607
$4,490,000
$407.51 per sqft
Active
11,018 sqft
Condo
Built in 1958
Listed by Jason Choi with Keller Williams Realty 7142723847
KW Commercial is pleased to present the exclusive opportunity to acquire a VALUE ADD potential 16 Unit Apartment Complex in Valley Village, CA. This multi-family property is comprised of four2BD/1BA units, eight 1BD/1BA units, and four single units.
This property includes a 9,348 SF leveled vacant lot that is zoned R1. With excellent proximity to shopping, entertainment districts, restaurants, and freeways this community is conveniently and centrally located.
List Price $4,490,000 ( Price breakdown: $3,744,000 for apartment property + $746,000 for empty back lot)
*Must be purchased together
Cap Rate 6.1% CAP
*Back Lot priced at $746,000 not included in cap rate calculations Building Size 11,018 SF
Parcel Size 0.52 Acres
Empty Back Lot Size 9,348 SF
Year Built 1958
Parcel Number 234-026-016
Zoning Apartment parcel R3. Empty back lot zoned R1
PW24208903
MLSⓇ ID
October 8, 2024
Listed
October 10, 2024
Updated
Map
5763 Laurel Canyon Boulevard
Valley Village CA, 91607
Interior Features
Total Stories
2
Laundry Description
Common Area
Floor Description
Carpet, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.52 Acres
Lot Features
16-20 Units/Acre, Near Public Transit, Street Level
Sewer
Public Sewer
Other Property Details
Area Name
VVL - Valley Village
Days on Market
1
Garage
No
Parking
Assigned
Parking Total
16
View
No
County
Los Angeles
Pool
No
Pool Features
None
Zoning
R1
Listing Contact: 714-584-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/10/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/10/2024 at 11:32 AM UTC