$6,100,000
$6,200,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
0.55 Acres Lot
SOLD DATE : 10/26/2023
Key Details
Sold Price $6,100,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23110612
Sold Date 10/26/23
HOA Y/N No
Year Built 1960
Lot Size 0.549 Acres
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 Vvl - Valley Village
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 22.0
Garage Description 22.0
Pool Community
Community Features Suburban, Urban, Valley, Pool
Total Parking Spaces 22
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2348002034
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Cindy Hill • Equity Union
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "