5642 Laurel Canyon Boulevard

Valley Village, CA 91607

$2,195,000
Price
20
Beds
12
Baths
8,916 Sq. Ft.
$246 / Sq. Ft.
8,916
Sq. Ft.
$246
per Sq. Ft.

Description

Twelve Units located in Two buildings on one lot in much sought after Valley Village market; Desirable 13,034 lot zoned R3; Attractive front yard and curb appeal; Property is surrounded by newly built structures due to desirability of the location; Room for possible ADUs in the rear of the property; There are Eight (8) two bedroom/one bath and Four (4) one bedroom/one bath units; Each apartment has a front, and a service entrance; Newly built steel staircase; Copper plumbing; Upgraded electrical...Twelve Units located in Two buildings on one lot in much sought after Valley Village market; Desirable 13,034 lot zoned R3; Attractive front yard and curb appeal; Property is surrounded by newly built structures due to desirability of the location; Room for possible ADUs in the rear of the property; There are Eight (8) two bedroom/one bath and Four (4) one bedroom/one bath units; Each apartment has a front, and a service entrance; Newly built steel staircase; Copper plumbing; Upgraded electrical panels; Gated and secured property; Attractive front yard and curb appeal.
  1. Listed by Jeanette Monfared • DRE #00765098 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 5642 Laurel Canyon Boulevard

Zoning
LAR3
Parcel Number
2340028058
Total Units
12.0
Living Area
8916
Source Living Area
Vendor Enhanced
Area
Valley Glen (VG)
Vacancy Rate
5%
Lot Size Area
13038

Location

Listing Courtesy of Marcus & Millichap, Jeanette Monfared, DRE #00765098
Add your commute
LISTING UPDATED: 05/09/2024 01:47 PM

Property Details for 5642 Laurel Canyon Boulevard

StatusPending
MLS #24-389623
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.30 AC / 13,038 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jeanette Monfared, DRE #00765098
Add your commute

Building Information for 5642 Laurel Canyon Boulevard

Stories2Residences-Year Built1950Building Size-Lot Size0.30 AC / 13,038 SF

Payment Calculator

$12,350 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,979

Property Taxes

$371

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5642 Laurel Canyon Boulevard

Community / Development
Community / Development
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $141,200
  • Net Operating Income: $85,433.00
  • Gross Income: $148,289
  • Cap Rate: 3.89%
  • Gross Rent Multiplier: $14.70
  • Total Annual Expense: 55676
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2993
  • Lot Size Square Feet: 13038
Parking Details
Parking Details
  • Parking Garage: Auto Driveway Gate
  • Total Parking: 14
  • Parking Features: Auto Driveway Gate
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Built-Ins
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-08-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $913.00
  • Unit Actual Rent: $3,652.00
  • Unit Projected Rent: $7,800.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,062.00
  • Unit Actual Rent: $8,497.00
  • Unit Projected Rent: $18,400.00
  • Like Units: 8
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 5642 Laurel Canyon Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5642 Laurel Canyon Boulevard

Taxable ValueLand$83,627Additions$131,463Total$215,090
Tax Record2023$4,457 ($371 / month)
Home Facts
Total Finished SqFt8,916 SqFtAbove Grade Finished SqFt8,916 SqFtLot Size13,034 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningLAR3CountyLOS ANGELESAPN2340-028-058

Schools near 5642 Laurel Canyon Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Burbank Boulevard Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Marcus & Millichap, Jeanette Monfared, DRE #00765098

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.