Sold

11908 Burbank Boulevard

Valley Village CA, 91607

$8,160,000


$377.99 per sqft

Sold

21,588 sqft

Residential

Built in 1956

Great opportunity to own a 28-unit apartment building in an excellent Valley Village location. Located just East of Laurel Canyon Blvd, the property is close to the NoHo Arts District, Los Angeles Valley College and just minutes to North Hollywood Metro Rail Station. Built in 1956, the property is subject to rent control. There is an attractive unit mix of 23 Two-Bedroom/One-Bath Units, Four, One-Bedroom/One-Bath Units and One Single. The property is situated on a large lot on the corner of Burbank Boulevard and Radford Avenue. Residents enjoy the low density feel as well as amenities such as BBQ picnic area, bike racks, gated covered and uncovered parking (43 total spaces), nicely landscaped courtyard, and an on-site laundry facility. With good upside in rents, a new owner can continue to renovate units and increase cash flow as units turn. Furthermore, there is potential to redevelop the property given the corner location and large33,748- SF Lot, Zoned LAR3***The LA City Soft Story Retrofit work has been completed (Buyer to Verify)

21765600

MLS ID

February 16, 2024

Updated

Map

11908 Burbank Boulevard
Valley Village CA, 91607

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.77 Acres

Other Property Details

Area Name

VVL - Valley Village


Days on Market

26


Garage

No


Parking

Covered, Gated, Uncovered


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by Brett Sanson, Marcus & Millichap, CA DRE 01387480

Listing Contact: 818-212-2785 

Based on information from the CRISNet MLS as of 2/16/2024, 3:46 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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