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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.List Price $4,490,000 ( Price breakdown: $3,744,000 for apartment property + $746,000 for empty back lot)*Must be purchased togetherCap Rate 6.1% 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 9,348 SFYear Built 1958Parcel Number 234-026-016Zoning Apartment parcel R3. Empty back lot zoned R1
Property Type(s):
Residential Income
| Last Updated | 10/8/2024 | Year Built | 1958 |
|---|---|---|---|
| Community | Valley Village | County | Los Angeles |
Additional Details
| 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 |
Location
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Listed with Keller Williams Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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