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$ 4,490,000
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5763 Laurel Canyon BLD Valley Village, CA 91607
UPDATED:
10/09/2024 08:21 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24208903
Originating Board California Regional MLS
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
Tax ID 2340260160
Special Listing Condition Not Applicable
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Listed by Jason Choi • Keller Williams Realty
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