5643 Laurel Canyon Boulevard

Valley Village, CA 91607
  • $3,365,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 13,029

    SqFt

About the Listing CLW-X75151 - CLW-C114206

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.

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 26885665
Year Built 1955
Total Square Footage 13,029
Lot/Acreage 0.47

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: Microwave, Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 17
  • Zoning: LAR3
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Covered,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2340026050
  • Tax Year: N/A

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Monthly Payment

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Questions About..

5643 Laurel Canyon Boulevard Valley Village, CA 91607

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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