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
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
Property Details
Price:
$4,490,000
MLS #:
PW24208903
Status:
Active
Baths:
0
Address:
5763 Laurel Canyon Boulevard
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
vvlvalleyvillage
City:
Valley Village
Listed Date:
Oct 8, 2024
State:
CA
ZIP:
91607
Lot Size:
22,651 sqft / 0.52 acres (approx)
Year Built:
1958
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Wood
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre, Level with Street, Near Public Transit
Parking Features
Assigned
Parking Spots
16.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Map
Community
- Address5763 Laurel Canyon Boulevard Valley Village CA
- AreaVVL – Valley Village
- CityValley Village
- CountyLos Angeles
- Zip Code91607
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.5763 Laurel Canyon Boulevard
Valley Village, CA
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