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
The income description goes here to explain
List Price | $4,380,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1958 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 2340260160 |
MLS # | PW24208903 |
Property ID | 292490279 |
Lot Sqft | 22,651 |
Zoning | R1 |
Total Units | 16 |
Days on Market | 151 |
Original List Price | $4,490,000 |
Date Updated | February 10, 2025 |
Date Created | October 08, 2024 |
Jason Choi an agent of . Lic #02043421
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT