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
MLS #
CRPW24208903
MLS Source
California Regional MLS
Days on Site
44
Cooling
Window/Wall Unit
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 16 | – |
5763 Laurel Canyon Bld is a Residential Income in Valley Village, CA 91607. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,490,000 and was built in 1958.
This address can also be written as 5763 Laurel Canyon Bld, Valley Village, CA 91607.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 09, 2024. For the most current information, please contact Jason Choi, (714) 272-3847