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$ 4,380,000
Est. payment /mo
Active
5763 Laurel Canyon Boulevard Valley Village, CA 91607
11,018 SqFt
UPDATED:
12/20/2024 02:10 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,018 sqft
Price per Sqft $397
MLS Listing ID CRPW24208903
HOA Y/N No
Year Built 1958
Lot Size 0.520 Acres
Acres 0.52
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 Listing
Zoning R1
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet, Wood
Fireplace No
Laundry Other
Building
Lot Description Level, Other
Sewer Public Sewer
New Construction No
Others
Tax ID 2340260160
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jason Choi • Keller Williams Realty