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$ 3,365,000
Est. payment /mo
New
5643 Laurel Canyon BLVD Valley Village, CA 91607
27 Beds
16 Baths
13,029 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 13,029 sqft
Price per Sqft $258
MLS Listing ID 26885665
Bedrooms 27
HOA Y/N No
Year Built 1955
Lot Size 0.471 Acres
Property Description
5643 Laurel Canyon Blvd. is a 16-unit multifamily investment opportunity in Valley Village, built in 1955 and offered after long-term ownership with significant upside potential for a new buyer. The unit mix consists of 11 two-bedroom/one-bath units and 5 one-bedroom/one-bath units, giving the property a diversified rent roll and multiple avenues for value-add repositioning. The property has completed its earthquake retrofit. The building includes 17 on-site parking spaces, on-site laundry and a pool. There may also be an opportunity to add ADUs to the site, increasing unit count and income potential (buyer to verify). Valley Village is one of the San Fernando Valley's more desirable residential submarkets, known for its tree-lined streets and strong rental demand from tenants seeking a quieter, more established neighborhood feel while remaining close to the broader Studio City, Sherman Oaks, and North Hollywood employment and retail corridors. This combination of long-term ownership, below-market positioning potential, and a well-located asset in a tightly held submarket makes 5643 Laurel Canyon Blvd. an attractive opportunity for an investor to execute a value-add business plan in one of the Valley's stronger rental markets.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Covered, Uncovered
Pool In Ground
Community Features Gated
Total Parking Spaces 17
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2340026050
Security Features Gated Community
Special Listing Condition Standard
Listed by Jeffrey Louks Marcus & Millichap #00908473
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