Active
5763 Laurel Canyon Boulevard
Valley Village CA, 91607
$4,490,000
$407.51 per sqft
Active
11,018 sqft
Condo
Built in 1958
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 9, 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
Listed by Jason Choi, Keller Williams Realty, CA DRE 02043421
Listing Contact: 7142723847
Based on information from the CRISNet MLS as of 10/9/2024, 9:00 PM 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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