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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

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
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
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 33449172

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 5763 Laurel Canyon Blvd, Valley Village, CA 91607

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