5315 Laurel Canyon Blvd | Valley Village, CA 91607
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- LoopNet Team
5315 Laurel Canyon Blvd
Valley Village, CA 91607
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 10,050 square foot two-story low rise office building situated on 13,137 square feet of land
- Ideal for an owner user to operate a business from the office space and collect passive income from the other suites
- Build up to 32 units by-right and 57 units utilizing the Tier 3 TOC benefits
- With an average rent per square foot of $1.73, this asset provides an investor huge value-add potential when looking at the current average rent
- Two units to be delivered vacant and four tenants on month-to-month leases
PROPERTY FACTS
Property Type
Office
Building Size
10,050 SF
Building Class
C
Year Built
1962
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,025 SF
Slab To Slab
12’
Building FAR
0.77
Lot Size
0.30 AC
Zoning
C2-1
Parking
25 Spaces (2.49 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 2347-017-005 | Improvements Assessment | $1,570,587 |
| Land Assessment | $2,355,881 | Total Assessment | $3,926,468 |
PROPERTY TAXES
Parcel Number
2347-017-005
Land Assessment
$2,355,881
Improvements Assessment
$1,570,587
Total Assessment
$3,926,468
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