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5807 Laurel Canyon Blvd
Valley Village, CA 91607
1985 Construction | Near NoHo Arts District · Multifamily Property For Sale
·
56 Units
Investment Highlights
- Only Three Blocks from Upcoming New NoHo West Development – 570,000 SF Mixed-Use Destination on Nearly 25 Acres, Featuring Trader Joe’s, Regal Cinemas
- Several Units Include In-Unit Washer/Dryers, Wood Flooring, Vaulted Ceilings, Stainless Steel Appliances, Quartz Countertops, and Upgraded Bathrooms
- Desirable Valley Village Location – Short Drive to NoHo Arts District, Studio City, Sherman Oaks, Toluca Lake, and Burbank
- Higher Allowable Rent Increases -- 5% Plus CPI Annually
- Property Features Central Air/Heat, Walk-in Pantries, Balconies, Elevator, Three Laundry Rooms, and a Landscaped Courtyard
- Ample Parking – Garage Spaces for 84 Vehicles
Property Facts
| No. Units | 56 | Building Size | 42,524 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 0.60 AC | ||
| Zoning | R3, Los Angeles | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 42,524 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1985 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Washer/Dryer
- Kitchen
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,495 | 483 |
| 1+1 | 44 | $1,773 | 729 - 812 |
| 2+2 | 6 | $2,375 | 1,027 |
Property Taxes
| Parcel Number | 2340-012-024 | Improvements Assessment | $9,096,674 |
| Land Assessment | $11,119,337 | Total Assessment | $20,216,011 |
Property Taxes
Parcel Number
2340-012-024
Land Assessment
$11,119,337
Improvements Assessment
$9,096,674
Total Assessment
$20,216,011
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