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11925 Kling St
Valley Village, CA 91607
THE WATERMARQUE CONDOS · Multifamily Property For Sale
·
48 Units
Investment Highlights
- Prime Valley Village Location: Situated in the highly desirable Valley Village submarket, known for strong residential demand.
- In-Unit Laundry: Each unit is equipped with a private washer and dryer, enhancing tenant appeal and supporting stronger occupancy and retention.
- Hot Spa Amenity: Relaxing hot spa offers a resort-style living experience, elevating the property’s appeal and promoting tenant retention.
- Fully Condominiumized 48-Unit Asset: Rare opportunity to acquire a large-scale condo community where all 48 units are individually parceled
- On-Site Fitness Center: Modern, fully equipped on-site gym enhances tenant lifestyle by providing convenient access to health and wellness amenities.
- Newer Construction with Premium Unit Mix: Built in 2012, the asset offers a modern, well-appointed residential product.
Property Facts
| No. Units | 48 | Building Size | 52,393 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2012 |
| Building Class | B | Parking Ratio | 0.99/1,000 SF |
| Lot Size | 0.67 AC | ||
| Zoning | LAR3 | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 52,393 SF |
| Average Occupancy | 92% |
| No. Stories | 4 |
| Year Built | 2012 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 48 | - | 1,050 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $14,383,996 | |
| Land Assessment | $3,599,182 | Total Assessment | $17,983,178 |
Property Taxes
Parcel Numbers
Land Assessment
$3,599,182
Improvements Assessment
$14,383,996
Total Assessment
$17,983,178
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