5763 Laurel Canyon BLD Active

Valley Village,CA 91607

$ 4490000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW24208903

Year Built 1958

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

Interior

Cooling Window / Wall Unit

Laundry Laundry Area

Exterior

Garage Assigned Spaces

Garage Spaces 16.0

Pool None

Building

Lot Description Grade - Level

Others

Special Listing Condition Not Applicable

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