5763 Laurel Canyon Blvd
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5763 Laurel Canyon Blvd
16 Unit Apartment Building $4,380,000 ($273,750/Unit) Valley Village, CA 91607
Investment Highlights
- Walking Distance to the new NOHO WEST retail and entertainment plaza
- VALUE ADD OPPORTUNITY- Leveled empty back lot (9,348 SF)
- Close to 170 and 101 Freeways and to metro station
Executive Summary
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.
The Offering
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
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.
The Offering
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
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $296,288 | $12.95 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $296,288 | $12.95 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $66,487 | $2.91 |
Net Operating Income | $229,801 | $10.04 |
Financial Summary (Actual - 2025)
Gross Rental Income | |
---|---|
Annual | $296,288 |
Annual Per SF | $12.95 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $296,288 |
Annual Per SF | $12.95 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $66,487 |
Annual Per SF | $2.91 |
Net Operating Income | |
---|---|
Annual | $229,801 |
Annual Per SF | $10.04 |
Property Facts
Price | $4,380,000 | Building Class | C |
Price Per Unit | $273,750 | Lot Size | 0.53 AC |
Sale Type | Investment | Building Size | 22,882 SF |
No. Units | 16 | Average Occupancy | 100% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1958 |
Apartment Style | Low Rise | Parking Ratio | 1.56/1,000 SF |
Price | $4,380,000 |
Price Per Unit | $273,750 |
Sale Type | Investment |
No. Units | 16 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.53 AC |
Building Size | 22,882 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1958 |
Parking Ratio | 1.56/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- Courtyard
- Laundry Facilities
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Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
Parcel Number | 2340-026-016 | Improvements Assessment | $897,721 (2024) |
Land Assessment | $384,725 (2024) | Total Assessment | $1,282,446 (2024) |
PROPERTY TAXES
Parcel Number
2340-026-016
Land Assessment
$384,725 (2024)
Improvements Assessment
$897,721 (2024)
Total Assessment
$1,282,446 (2024)
zoning
Zoning Code | LAR3 (Apartment zoned R3 Empty back lot zoned R1) |
LAR3 (Apartment zoned R3 Empty back lot zoned R1) |
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5763 Laurel Canyon Blvd
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