5763 Laurel Canyon BLVD Active Save Request In-Person Tour Request Virtual Tour
Valley Village,CA 91607
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24208903
HOA Y/N No
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
Area Vvl - Valley Village
Zoning R1
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet,Wood
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Pool None
Community Features Street Lights,Sidewalks
Total Parking Spaces 16
Private Pool No
Building
Lot Description 16-20 Units/Acre,Near Public Transit,Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2340260160
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard