5763 Laurel Canyon Boulevard Active Save Request In-Person Tour Request Virtual Tour
Valley Village,CA 91607
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,018 sqft
Price per Sqft $397
MLS Listing ID PW-24208903
Year Built 1958
Lot Size 0.520 Acres
Property Description
KW Commercial is pleased to present the exclusive opportunity to acquire a VALUE ADD 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 .21 ACRE/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 $4,380,000 ( Price breakdown: $3,634,000 for apartment property + $746,000 for empty back lot) *Must be purchased together Cap Rate 6.3% 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 .21 ACRES/ 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
Zoning R1
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet,Wood
Laundry Common Area
Exterior
Parking Features Assigned
Pool None
Community Features Sidewalks,Street Lights
Building
Lot Description Level with Street,Near Public Transit,16-20 Units/Acre
Sewer Public Sewer