5763 Laurel Canyon BLVD Active Save Request In-Person Tour Request Virtual Tour
Valley Village,CA 91607
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,018 sqft
Price per Sqft $407
MLS Listing ID PW24208903
Year Built 1958
Lot Size 0.520 Acres
Property Description
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
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Zoning R1
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Cooling Wall/Window Unit(s)
Flooring Carpet,Wood
Laundry Common Area
Exterior
Garage Assigned
Pool None
Community Features Street Lights,Sidewalks
Building
Lot Description 16-20 Units/Acre,Near Public Transit,Street Level
Story 2
Sewer Public Sewer
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard