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 togetherCap Rate 6.3% CAP*Back Lot priced at $746,000 not included in cap rate calculations Building Size 11,018 SFParcel Size 0.52 AcresEmpty Back Lot Size .21 ACRES/ 9,348 SFYear Built 1958Parcel Number 234-026-016Zoning Apartment parcel R3. Empty back lot zoned R1
|
DAYS ON MARKET
|
81
|
LAST UPDATED
|
12/19/2024
|
|
YEAR BUILT
|
1958
|
COMMUNITY
|
Valley Village
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Dec 19, '24
|
$4,490,000
|
| Dec 19, '24 - Today |
$4,380,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Valley Village |
| GARAGE |
Assigned |
| LOT |
0.52 acre(s) |
| LOT DESCRIPTION |
16-20 Units/Acre, Near Public Transit, Street Level |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| ZONING |
R1 |
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Listed with Keller Williams Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 12/28/24 2:15 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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