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Multifamily

5812-5818 Coldwater Canyon Ave

5812-5818 Coldwater Canyon Ave, Valley Village, CA 91607

Listing Price: $3,750,000

Cap Rate
3.65%
Number of Units
12
Occupancy
97.0%
Price/Unit
$312,500
Price/Gross SF
$423.16
Gross SF
8,862

Investment Overview

We are proud to present this 12-unit apartment building in an excellent Valley Village location. Built in 1955, the property is subject to Los Angeles City rent control. There is an excellent unit mix which includes Eight Two-Bedroom/One-Bath Units and Four One-Bedroom/One-Bath Units. This charming 1950’s property is nicely landscaped and comprised of two separately parceled 6 units built around a central courtyard. The property features mature landscaping, BBQ areas, spacious units with some patios, 12 garage parking spaces and an on-site laundry facility. Furthermore, the property has copper plumbing and all new windows (buyer to verify). Located just North of Burbank Boulevard, the property offers residents a desirable Valley Village location. The Tujunga Greenbelt is right across the street and Valley Glen Community Park is a short distance away. Los Angeles Valley College is within walking distance and the property is also a few minutes from the NoHo Arts District. With easy freeway access to the 170, 101, and 134, plenty of employment and entertainment opportunities in the neighboring cities are also a short drive away.

Investment Highlights

  • 12 Units in Excellent Valley Village Location
  • Charming 1950's Property with Significant Upside in Rents
  • Excellent Unit Mix - (8) 2Bed+1Bath (4) 1Bed+1Bath
  • Copper Plumbing and All New Windows
  • Two Separately Parceled Six Unit Buildings
  • Twelve Carport Parking Spaces with Garage Doors
  • Walking Distance to Los Angeles Valley College

Exclusively Listed By

Financing By

Multifamily

5812-5818 Coldwater Canyon Ave

Listing Price: $3,750,000

Cap Rate
3.65%
Number of Units
12
Occupancy
97.0%
Price/Unit
$312,500
Price/Gross SF
$423.16
Gross SF
8,862

Investment Highlights

  • 12 Units in Excellent Valley Village Location
  • Charming 1950's Property with Significant Upside in Rents
  • Excellent Unit Mix - (8) 2Bed+1Bath (4) 1Bed+1Bath
  • Copper Plumbing and All New Windows
  • Two Separately Parceled Six Unit Buildings
  • Twelve Carport Parking Spaces with Garage Doors
  • Walking Distance to Los Angeles Valley College

Investment Overview

We are proud to present this 12-unit apartment building in an excellent Valley Village location. Built in 1955, the property is subject to Los Angeles City rent control. There is an excellent unit mix which includes Eight Two-Bedroom/One-Bath Units and Four One-Bedroom/One-Bath Units. This charming 1950’s property is nicely landscaped and comprised of two separately parceled 6 units built around a central courtyard. The property features mature landscaping, BBQ areas, spacious units with some patios, 12 garage parking spaces and an on-site laundry facility. Furthermore, the property has copper plumbing and all new windows (buyer to verify). Located just North of Burbank Boulevard, the property offers residents a desirable Valley Village location. The Tujunga Greenbelt is right across the street and Valley Glen Community Park is a short distance away. Los Angeles Valley College is within walking distance and the property is also a few minutes from the NoHo Arts District. With easy freeway access to the 170, 101, and 134, plenty of employment and entertainment opportunities in the neighboring cities are also a short drive away.

Exclusively Listed By

Financing By

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