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 Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47134024
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Property Details
-
Interior Features
Water/Sewer
- Sewer : Public Sewer
Interior Features
- Flooring: Carpet,Wood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
-
Exterior Features
Building Information
- Year Built: 1958
- Building Area Total: 11,018
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.52
- Lot Size Source: Public Records
- Lot Size Square Feet: 22651.2
-
Listing Information
Listing Price Information
- Original List Price: 4,490,000
- Listing Contract Date: 2024-10-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2340260160
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VVL - Valley Village
- Directions: Off Laurel Canyon Blvd.
- Zoning: R1
- Source Property Type: Residential Income
- Area: VVL - Valley Village
- Property SubType: Apartment
Building and Construction
- Property Age: 66
- Common Walls: No Common Walls
- Structure Type: Apartment
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: front gate
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 06:04
- MLS: PW24208903
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 11,018 sqft, 22,651 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Valley Village , in zip code 91607, this Los Angeles County Home are nearby neighborhoods.