5118 Laurel Canyon,  Valley Village CA, 91607 (Residential Income)

1,867 sqft
Status: Sold
MLS#: 16170796
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Last Updated: 6/22/2017 7:09 AM
Description for 5118 Laurel Canyon Valley Village, CA 91607
Great opportunity to remodel 4 units or develop multi family (6 units 3+2 units each 1200 SF, or Apply Density Bonus and get up to 9 units that 1 unit for Affordable Housing Program) fronting Laurel Canyon Blvd. in Valley Village, very desirable area with close access to 101 and 170 FWYs. This is R3 Zoning with 7,698 SF of land and 1,867 existing building. Property will be delivered vacant. Ready for your plan development. CASH OFFERS ONLY. The owner already withdraw the units from Rental Housing Use by filing Ellis Act on 10/08/2015 and paid relocation fee to tenants.
Price
Sold Price:
$1,050,000
Sold Date:03/29/2017
Los Angeles
1,867 (approx)
16170796
Closed
Description
Great opportunity to remodel 4 units or develop multi family (6 units 3+2 units each 1200 SF, or Apply Density Bonus and get up to 9 units that 1 unit for Affordable Housing Program) fronting Laurel Canyon Blvd. in Valley Village, very desirable area with close access to 101 and 170 FWYs. This is R3 Zoning with 7,698 SF of land and 1,867 existing building. Property will be delivered vacant. Ready for your plan development. CASH OFFERS ONLY. The owner already withdraw the units from Rental Housing Use by filing Ellis Act on 10/08/2015 and paid relocation fee to tenants.
Listing Information
Property Type: Cluster, Other
17.67 Acres 769,800 sq.ft. 1,867 (approx)
$562.4 1940
Yes- 4 spaces
4 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Garage
54X142
LAR3
Driving Directions
N. of Riverside Dr. and S. of Magnolia Blvd.
Financial Considerations
2355008039
Listing Price History

Valley Village Real Estate

Valley Village is located in California.

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Courtesy: LA Market Real Estate Ehsan Torabi
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