5763 Laurel Canyon Boulevard Active

Valley Village,CA 91607

$ 4490000

- Bed

- Bath

11018 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,018 sqft

Price per Sqft $407

MLS Listing ID CRPW24208903

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1958

Lot Size 0.520 Acres

Property Description

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

Location

State CA

County Los Angeles

Interior

Cooling Wall/Window Unit(s)

Flooring Carpet,Wood

Fireplace No

Laundry Other

Exterior

Parking Type Assigned

Building

Lot Description Level,Other

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