Active

5763 Laurel Canyon Boulevard

Valley Village CA, 91607

$4,490,000


$407.51 per sqft

Active

11,018 sqft

Condos

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

November 22, 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 11/22/2024, 7:05 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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