5763 Laurel Canyon Boulevard
Valley Village, CA 91607
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1958 build
- – on site
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
Listed By CRMLS_CA / Jason Choi / Keller Williams Realty / 7142723847
Last checked:
Checking…
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Last updated Oct 9, 2024
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MLS# PW24208903 —
The Building
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Year Built:1958
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Year Built Source:Public Records
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New Construction:No
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Entry Level:1
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Common Walls:No Common Walls
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Building Area Total:11018.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:16
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Stories Total:2
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# of Separate Gas Meters:14
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# of Separate Water Meters:1
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# of Separate Electric Meters:13
Interior
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Levels:Two
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Entry Location:front gate
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Flooring:Carpet, Wood
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Laundry:Common Area
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Laundry:1
Location
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Directions:Off Laurel Canyon Blvd.
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Latitude:34.16487800
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Longitude:-118.39651200
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:R1
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Lot Features:16-20 Units/Acre, Level with Street, Near Public Transit
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Lot Size Area:0.5200
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Lot Size Acres:0.5200
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Lot Size SqFt:22651.20
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Lot Size Source:Public Records
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Road Frontage:City Street
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:1
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2340260160
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
The Community
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Senior Community:No
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Features:Sidewalks, Street Lights
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Pool:None
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Private Pool:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:16.00
Extra Units
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Average 1 Bed Area:650
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Average 2 Bed Area:775
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Average Studio Area:550
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/8/24
Oct 8, 2024
|
Listed / Active | CRMLS_CA | $4,490,000 |