5643 Laurel Canyon Blvd, Valley Village, CA 91607
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5643 Laurel Canyon Blvd, Valley Village, CA 91607
5643 Laurel Canyon Blvd, Valley Village, CA 91607
5643 Laurel Canyon Blvd, Valley Village, CA 91607
5643 Laurel Canyon Blvd, Valley Village, CA 91607
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$ 3,365,000
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5643 Laurel Canyon Blvd Valley Village, CA 91607

27 Beds

16 Baths

13,029 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,029 sqft

Price per Sqft $258

MLS Listing ID 26885665

Bedrooms 27

Year Built 1955

Lot Size 0.471 Acres

Acres 0.4708

Property Sub-Type Multi-Family

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 Valley Glen

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Microwave, Refrigerator, Range/Oven

Laundry Laundry Area

Exterior

Parking Features Covered Parking, Uncovered

Garage Spaces 17.0

Pool In Ground

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap
Sharon Baluku
Sharon Baluku

Agent License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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5643 Laurel Canyon Blvd