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 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
MLS# | PW24208903 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 202 |
Listing Provided By | Keller Williams Realty 714-584-2700 | Jason Choi |
SQ Feet | 11,018 |
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Story(s) | 2 |
Units | 16 |
Building(s) | 1 |
Zoning | R1 |
Acreage | 0.52 |
State | CA |
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County | Los Angeles |
City | Valley Village |
Zip Code | 91607 |
Area | VVL Valley Village |
Listing VS Median (in 91607) | |
Price: $4,380,000 low | high Med: $2,995,000 SqFt: 11,018 low | high Med: 6,992 $ / SqFt: $398 low | high Med: $428 On site: 202 low | high Med: 57.000000 |