$ 4,490,000
5763 Laurel Canyon Boulevard Valley Village, CA 91607
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Listed by Jason Choi • Keller Williams Realty
$ 4,490,000
Est. payment /mo
Active
5763 Laurel Canyon Boulevard Valley Village, CA 91607
11,018 SqFt
UPDATED:
10/10/2024 03:56 AM
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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