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5807 Laurel Canyon Blvd

Valley Village, CA 91607
  • $19,995,000
  • STATUS: Active Under Contract
  • ON SITE: 578 Days
  • ID#: 20-584808
Under Contract
UPDATED: 13 min ago
$19,995,000
  • 56
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 42,524
    SQFT
  • $470
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:
Area:

School Ratings & Info

Description

its 25 acres of retail and entertainment destinations. More than 25% of the apartments have been completely remodeled to include in-unit washer/dryers, stainless steel appliances, quartz countertops, wood flooring, and upgraded bathrooms. A new investor may continue this remodeling program and apply the same blueprint to the remaining units in order to capture the asset's significant rent upside.Constructed in 1985, NoHo Centre features an impressive amenities package, with central air/heat in all units, at least one balcony in every unit (except singles), large walk-in pantries in all units, at least one garage parking space per bedroom, a laundry room on every floor, an elevator, and a landscaped courtyard. The spacious floorplans range from 729 to 812 square feet for one-bedroom units, while the two-bedroom units average approximately 1,027 square feet each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T20:42:29.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.vidaash.com/homes/106928288
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5807 Laurel Canyon Blvd Valley Village, CA 91607

  • Price: $19,995,000
  • Status: Active Under Contract
  • On Site: 578 Days
  • Updated: 13 min ago
  • ID#: 20-584808
56
Beds
0
Baths
0
½ Baths
0.6
Acres
42,524
SQFT
$470
$/SQFT
1985
Built
Neighborhood:
Valley Glen
County:
Los Angeles
Area:
Valley Glen
Property Description
its 25 acres of retail and entertainment destinations. More than 25% of the apartments have been completely remodeled to include in-unit washer/dryers, stainless steel appliances, quartz countertops, wood flooring, and upgraded bathrooms. A new investor may continue this remodeling program and apply the same blueprint to the remaining units in order to capture the asset's significant rent upside.Constructed in 1985, NoHo Centre features an impressive amenities package, with central air/heat in all units, at least one balcony in every unit (except singles), large walk-in pantries in all units, at least one garage parking space per bedroom, a laundry room on every floor, an elevator, and a landscaped courtyard. The spacious floorplans range from 729 to 812 square feet for one-bedroom units, while the two-bedroom units average approximately 1,027 square feet each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.
Exterior Features

Lot Size Area 26087 Other Structures None Parking Garage Garage Total Parking 84

Interior Features

Baths Total 62.00 Cooling Air Conditioning Equipment DishwasherElectric Dryer HookupWasherOther Heating Central

Property Features

Assessed Total Value 8341636 Gross Income 1284081 Gross Operating Income 1246857 Like Units1 6 Like Units2 41 Like Units3 3 Like Units4 6 Net Operating Income 778254.00 Number Of Buildings 1 Number Of Units 56 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 468603 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Roderick 'Rick' Raymundo DRE#01357019 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T20:42:29.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Vida Ash Properties | Compass
11601 Wilshire Blvd
Los Angeles CA, 90025