5763 Laurel Canyon Boulevard, Valley Village, CA 91607
  • MLS#: PW24208903 ( Apartment )
  • Street Address: 5763 Laurel Canyon Boulevard
  • Viewed: 1
  • Price: $4,490,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 0
  • Days On Market: 38
  • Additional Information
  • County: LOS ANGELES
  • City: Valley Village
  • Zipcode: 91607
  • Provided by: Keller Williams Realty
  • Contact: Jason Jason
  • California Regional MLS IDX
  • DMCA Notice
  • 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
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Features
Building Area Total
  1. 11018.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Electric Expense
  1. 7650.00
Entry Location
  1. front gate
Flooring
  1. Carpet
  2. Wood
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 5500.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lockboxtype
  1. Combo
Lot Features
  1. 16-20 Units/Acre
  2. Level with Street
  3. Near Public Transit
Netoperatingincome
  1. 228844.00
Number Of Separate Electric Meters
  1. 13
Number Of Separate Gas Meters
  1. 14
Parcel Number
  1. 2340260160
Parking Features
  1. Assigned
Pool Features
  1. None
Professionalmanagementexpense
  1. 1800.00
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424780161:CRM
Totalexpenses
  1. 66487.00
Trash Expense
  1. 4800.00
Water Sewer Expense
  1. 7650.00
Year Built
  1. 1958
Year Built Source
  1. Public Records
Zoning
  1. R1