4522 Laurel Canyon Boulevard

Valley Village, CA 91607

$1,450,000
Price
3
Beds
3
Baths
1,720 Sq. Ft.
$843 / Sq. Ft.
1,720
Sq. Ft.
$843
per Sq. Ft.

Description

Valley Village Triplex offering a remarkable opportunity for those seeking a prime investment! This property boasts a total of 3 cottage-style units (2 to be delivered vacant). This gem is a rare find in today's market; each unit features one bedroom and one bathroom casitas, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot and offers ample outdoor space. A 3-car garage adds further value to the property, presenting the potential for ADU...Valley Village Triplex offering a remarkable opportunity for those seeking a prime investment! This property boasts a total of 3 cottage-style units (2 to be delivered vacant). This gem is a rare find in today's market; each unit features one bedroom and one bathroom casitas, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot and offers ample outdoor space. A 3-car garage adds further value to the property, presenting the potential for ADU (4th unit) or providing secure parking for tenants. The unit over the garages has been beautifully updated including new kitchen with stainless steel appliances, stackable washer/dryer, new cabinets, countertops, flooring, mirrored closet doors, new bathroom featuring walk-in shower with new vanity, sink and faucet, and is currently occupied at market rent ($3k month). The other two units are ground level and in great original condition (will be delivered vacant). Rent as-is or update for higher rental prices. Each unit has a private outdoor area to enjoy BBQs and relaxation. Conveniently located in Valley Village (a stone's throw to Studio City), residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including close distance to Universal Studios and CBS; and walking distance to Ventura Blvd shopping, dining, fitness and recreation. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss out on this chance to own a piece of prime real estate; an exceptional opportunity not to be missed. Schedule a viewing today and explore the possibilities that this property has to offer!

Listing Agents

  1. Craig Strong

    Craig Strong

    Listing Agent

    Compass

    DRE #01450987

    craig.strong@compass.com

    P: (818)-987-9700

  2. Kristin Neithercut

    Kristin Neithercut

    Alternative Listing Agent

    Compass

    DRE #02003278

Property Details for 4522 Laurel Canyon Boulevard

Water Front
None
Zoning
LAR3
Style
California Bungalow
Parcel Number
2364001005
Total Units
3.0
Living Area
1720
Source Living Area
Assessor
Area
Studio City (STUD)
LISTING UPDATED: 01/06/2025 02:20 PM

Property Details for 4522 Laurel Canyon Boulevard

StatusActive
MLS #25-477173
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.11 AC / 5,009 SF
CountyLos Angeles County

Building Information for 4522 Laurel Canyon Boulevard

Stories2Residences-Year Built1941Building Size-Lot Size0.11 AC / 5,009 SF

Property Information for 4522 Laurel Canyon Boulevard

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Bungelows
  • View: Yes
  • View Description: Tree Top
  • Security Features: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Additions Alterations: Yes
  • Water Heater Features: Multi-Tank, Tankless, Water Heater Unit, Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $115,200
  • Net Operating Income: $87,420.00
  • Gross Income: $115,200
  • Cap Rate: 5.60%
  • Gross Rent Multiplier: $13.00
  • Owner Pays: Water, Other, Gardener
  • Total Annual Expense: 27780
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Paved: Yes
  • Lot Acreage: 0.1145
  • Lot Size Square Feet: 5009
  • Lot Features: Front Yard, Lawn, Landscaped, Rectangular Lot, Yard
  • Lot Description: Fenced, Fenced Yard, Lot-Level/Flat, Sidewalks, Single Lot, Walk Street, Alley Paved, Front Yard, Lawn, Landscaped, Lot Shape-Rectangular, Street Paved, Yard
  • Lot Location: Flats, Near Public Transit, Park Nearby, Patio Home
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car, Garage Is Detached
  • Total Parking: 3
  • Covered Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Three Door
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Dining Room, Living Room, Patio Open
  • Levels: One, Multi/Split
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling Type: Wall Unit(s), Air Conditioning
  • Heating: Wall Furnace
  • Heating Type: Wall, Other
  • Flooring: Tile, Wood
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup, Dryer, Microwave, Washer
  • Interior Features: Laundry - Closet Stacked, Open Floor Plan
  • Room Kitchen Features: Tile Counters, Stone Counters
  • Kitchen Features: Tile Counters, Stone Counters
  • Room Bathroom Features: Low Flow Toilet(s)
  • Bathroom Features: Low Flow Toilet(s)
  • Common Walls: Attached
  • Laundry: Laundry Closet Stacked, In Closet, Other
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Patio Features: Patio Open
  • Entry Location: Ground Level - no steps
  • New Construction: No
  • Other Structural Features: Two On A Lot
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-06-2025
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Carpet: 0
  • Number of Dishwasher: 1
  • Number of Disposal: 3
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Leased: 1
  • Number Patio: 3
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Wall AC: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $96,577.00
  • Assessed Improvement Percent: 21.05
  • Assessed Land Value: $362,180.00
  • Assessed Land Percent: 78.95
  • Assessed Total Value: $458,757.00

Property History for 4522 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 4522 Laurel Canyon Boulevard

Taxable ValueLand$369,423Additions$98,508Total$467,931
Tax Record2024$6,026 ($502 / month)
Home Facts
Total Finished SqFt1,720 SqFtAbove Grade Finished SqFt1,720 SqFtLot Size4,989 SqFtStyleTriplexYear Built1941ZoningLAR3CountyLOS ANGELESAPN2364-001-005

Schools near 4522 Laurel Canyon Boulevard

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

Walter Reed 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.

Similar Homes

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4522 Laurel Canyon Boulevard is a multi-family home for sale in Valley Village, CA 91607. This property was listed for sale on January 6, 2025 by Compass, it's currently listed at $1,450,000. It has been on the market for a total of 1 days and was last sold on March 3, 2000. This listing's school district is Los Angeles Unified School District. Nearby schools include Colfax Charter Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 4522 Laurel Canyon Boulevard is a 3-bed, 3-bath, 1,720 sqft multi-family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Craig Strong, DRE #01450987; Compass, Kristin Neithercut, DRE #02003278

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.