$4,490,000
For Sale

5763 Laurel Canyon Boulevard

Valley Village, CA 91607
0.52 acres | #PW24208903
Listing OfficeKeller Williams Realty
Browse 17 photos
Type:Multi-Family
Structure:House
Zone:Residential

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

  • Property Details
      • Lot DescriptionSixteenToTwentyUnitsAcre, NearPublicTransit, StreetLevel
      • Stories2
    • Measurements
      • Acres0.52
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1958
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,490,000
  • Other
      • MLS #PW24208903

Location

Jerry Avila#TheRealEstateGuy
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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