Valley Village, CA 91607,5763 Laurel Canyon BLVD
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Valley Village, CA 91607,5763 Laurel Canyon BLVD
Valley Village, CA 91607,5763 Laurel Canyon BLVD
Valley Village, CA 91607,5763 Laurel Canyon BLVD
Valley Village, CA 91607,5763 Laurel Canyon BLVD
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$ 4,490,000
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5763 Laurel Canyon BLVD Valley Village, CA 91607

0.52 Acres Lot


UPDATED:

10/09/2024 08:23 PM

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 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

Area Vvl - Valley Village

Zoning R1

Interior

Cooling Wall/Window Unit(s)

Flooring Carpet, Wood

Fireplace No

Laundry Common Area

Exterior

Garage 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


California Regional MLS (CRMLS)
Listed by Jason Choi • Keller Williams Realty • 7142723847

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953

+1(818) 319-5060

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5763 Laurel Canyon BLVD