5763 Laurel Canyon Boulevard
Valley Village, CA 91607
0.52 acres | #PW24208903
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
Property Details
- Lot DescriptionSixteenToTwentyUnitsAcre, NearPublicTransit, StreetLevel
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$4,490,000
- MLS #PW24208903
- MLS #PW24208903
- Property SubtypeApartment
- Cost4380000
- Acres0.52
- Year Built1958
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jason Choi (#PWCHOKEN)
Listing Office: Keller Williams Realty (#PB16196)
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