5763 Laurel Canyon Boulevard

Valley Village, CA 91607

$4,380,000
Price
3
Beds
16
Baths
11,018 Sq. Ft.
$398 / Sq. Ft.
11,018
Sq. Ft.
$398
per Sq. Ft.

Description

KW Commercial is pleased to present the exclusive opportunity to acquire a VALUE ADD 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 .21 ACRE/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 $4,380,000 ( Price breakdown:...KW Commercial is pleased to present the exclusive opportunity to acquire a VALUE ADD 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 .21 ACRE/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 $4,380,000 ( Price breakdown: $3,634,000 for apartment property + $746,000 for empty back lot) Must be purchased together
Cap Rate 6.3% 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 .21 ACRES/ 9,348 SF
Year Built 1958
Parcel Number 234-026-016
Zoning Apartment parcel R3. Empty back lot zoned R1
  1. Listed by Jason Choi • DRE #02043421 • Brokerage DRE #01898399 • Keller Williams Realty • 7142723847

Property Details for 5763 Laurel Canyon Boulevard

Parking Spaces Total
16
Private Pool
No
Cooling Type
Wall/Window
Total Units
16.0
Building Type
Detached
Lot Size Source
Public Records
Living Area
11018
Assessor Parcel Number
2340-260-160
LISTING UPDATED: 12/19/2024 07:24 AM

Property Details for 5763 Laurel Canyon Boulevard

StatusActive
MLS #PW24208903
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
CountyLos Angeles County

Building Information for 5763 Laurel Canyon Boulevard

Building/Complex5763 Laurel Canyon BlvdFloor-Stories2Residences-Pet Policy-Year Built1958Building Size-

Property Information for 5763 Laurel Canyon Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $296,288
  • Gross Scheduled Income: $296,288
  • Net Operating Income: $229,801
  • Cap Rate: 6.3
Expense Details
  • Operating Expense: $66,487
  • Fuel Expense: $0
  • Electric Expense: $7,650
  • Insurance Expense: $5,500
  • Professional Management Expense: $1,800
  • Trash Expense: $4,800
  • Water Sewer Expense: $7,650
  • Total Expenses: $66,487
Tax / Assessment Info
  • Tax Tract Number: 1
  • CFD/Mello-Roos Fee: $18,461
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Flooring: Carpet, Wood
Exterior Features
  • Entry Location: front gate
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 16-20 Units/Acre, Level with Street, Near Public Transit
  • Number Of Units: 16
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,241
  • Unit Type Total Rent: $1,241
  • Unit Type Pro Forma: 1241
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,825
  • Unit Type Total Rent: $1,825
  • Unit Type Pro Forma: 1825
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 16
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1

Property History for 5763 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 5763 Laurel Canyon Boulevard

Taxable ValueLand$384,725Additions$901,296Total$1,286,021
Tax Record2024$17,626 ($1,469 / month)
Home Facts
Total Finished SqFt11,018 SqFtAbove Grade Finished SqFt11,018 SqFtLot Size22,868 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLAR3CountyLOS ANGELESAPN2340-026-016

Schools near 5763 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
Charter - K to 8
Rating
School
Distance
Burbank Boulevard Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

New Horizons Charter Academy
CharterK to 8

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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5763 Laurel Canyon Boulevard is a multi-family home for sale in Valley Village, CA 91607. This property was listed for sale on October 8, 2024 by Keller Williams Realty, it's currently listed at $4,380,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Burbank Boulevard Elementary School, Roy Romer Middle School and Ulysses S. Grant Senior High School. 5763 Laurel Canyon Boulevard is a 3-bed, 16-bath, 11,018 sqft multi-family home built in 1958.

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 Keller Williams Realty, Jason Choi, DRE #02043421

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.