Laurel Canyon Apartments 4632-4636 Laurel Canyon Blvd

Marcus & Millichap is pleased to present 4636 Laurel Canyon Blvd, a 44-unit multifamily property located in Valley Village. This property represents a value-add opportunity for investment in a highly sought-after pocket of the San Fernando Valley, situated only minutes away from Studio City, Sherman Oaks, North Hollywood, and Toluca Lake. 4636 Laurel Canyon Blvd is an ideal choice for investors seeking approximately 55% in rental upside through interior and exterior renovation programs.
Constructed in 1963, this two-story property comprises thirteen 1-bedroom/1-bathroom units, thirty 2-bedroom/1-bathroom, and one 2-bedroom/2-bathroom. All units are equipped with wall unit air conditioners and are individually metered for gas and electricity utilities. The property includes 44 parking spaces with private storage cabinets, 2 on-site laundry rooms, gated parking, and gated access.
4636 Laurel Canyon Blvd is situated just south of Riverside Drive with Whitsett Avenue to the west and Colfax Avenue to the east. Residents have easy access to several nearby bus stops on Riverside Drive and Laurel Canyon Boulevard. Moreover, its proximity to the Silver Triangle located on Ventura Boulevard with its variety of retail shops, restaurants, offices, shopping centers, and other places of business ensures a high demand for rental units. For commuters, the property is near on and off ramps to the 101 Freeway, allowing access throughout the San Fernando Valley and into the city of Los Angeles.