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Key Details
Sold Price $6,100,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 18,661 sqft
Price per Sqft $326
MLS Listing ID CRSR23110612
Sold Date 10/26/23
HOA Y/N No
Year Built 1960
Lot Size 0.549 Acres
Acres 0.55
Property Description
We are proud to represent this 22unit apartment building in Valley Village. The building was constructed in 1960. Its unit mix consists of (1) studio unit, (12) one-bedroom, one-bathroom units, and (9) two-bedroom, two-bathroom units. With a lot size of 23,906 square feet, the property has a total of 18,661 rentable square feet. The building has numerous upgrades including a $60,000 new roof, new landscaping, new paving, new front entry door, and LED lighting. The property has significant upside in existing rents. The Valley Village community is a highly desirable area rich in culture and traditions and centrally located with easy access to public transportation. The surrounding area features established well kept single family homes and a variety of shopping centers, churches, schools, and restaurants. The property is located close to the 101, 134, and 170 freeway and Ventura Blvd is just minutes away with restaurants and shopping while the metro link transportation allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for gas and electricity.
Location
State CA
County Los Angeles
Area Valley Village
Zoning LAR3
Interior
Fireplace No
Laundry Community Facility
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2348002034
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with CindyHill