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Multifamily

4636 Laurel Canyon Blvd

4636 Laurel Canyon Blvd, Valley Village, CA 91607

Listing Price: $9,500,000

Cap Rate
4.66%
Number of Units
44
GRM
12.52
Price/Unit
$215,909
Price/Gross SF
$281.13
Gross SF
33,792

Investment Overview

Marcus & Millichap is pleased to present 4636 Laurel Canyon Blvd, a 44-unit multifamily property located in Valley Village. This property represents a value-add opportunity for investment in a highly sought-after pocket of the San Fernando Valley, situated only minutes away from Studio City, Sherman Oaks, North Hollywood, and Toluca Lake. 4636 Laurel Canyon Blvd is an ideal choice for investors seeking approximately 55% in rental upside through interior and exterior renovation programs.
Constructed in 1963, this two-story property comprises thirteen 1-bedroom/1-bathroom units, thirty 2-bedroom/1-bathroom, and one 2-bedroom/2-bathroom. All units are equipped with wall unit air conditioners and are individually metered for gas and electricity utilities. The property includes 44 parking spaces with private storage cabinets, 2 on-site laundry rooms, gated parking, and gated access.

Investment Highlights

  • Value-Add Opportunity
  • 55% in Rental Upside
  • 70% of Units Have 2 Bedrooms
  • Forty-Four Parking Spaces with Private Storage Cabinets
  • Two On-Site Laundry Rooms
  • Gated Parking & Access

Exclusively Listed By

Financing By

Multifamily

4636 Laurel Canyon Blvd

Listing Price: $9,500,000

Cap Rate
4.66%
Number of Units
44
GRM
12.52
Price/Unit
$215,909
Price/Gross SF
$281.13
Gross SF
33,792

Investment Highlights

  • Value-Add Opportunity
  • 55% in Rental Upside
  • 70% of Units Have 2 Bedrooms
  • Forty-Four Parking Spaces with Private Storage Cabinets
  • Two On-Site Laundry Rooms
  • Gated Parking & Access

Investment Overview

Marcus & Millichap is pleased to present 4636 Laurel Canyon Blvd, a 44-unit multifamily property located in Valley Village. This property represents a value-add opportunity for investment in a highly sought-after pocket of the San Fernando Valley, situated only minutes away from Studio City, Sherman Oaks, North Hollywood, and Toluca Lake. 4636 Laurel Canyon Blvd is an ideal choice for investors seeking approximately 55% in rental upside through interior and exterior renovation programs. Constructed in 1963, this two-story property comprises thirteen 1-bedroom/1-bathroom units, thirty 2-bedroom/1-bathroom, and one 2-bedroom/2-bathroom. All units are equipped with wall unit air conditioners and are individually metered for gas and electricity utilities. The property includes 44 parking spaces with private storage cabinets, 2 on-site laundry rooms, gated parking, and gated access.

Exclusively Listed By

Financing By

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