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$3,365,000
27 Beds 16 Baths 26885665 MLS Active Status
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.

5643 Laurel Canyon Boulevard, Valley Village

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.