10
See all 10 photos
$5,295,000
Est. payment /mo
31 Beds
32 Baths
18,661 SqFt
Price Dropped by $100K
11940 Burbank Blvd Los Angeles, CA 91607
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,661 sqft
Price per Sqft $283
MLS Listing ID 26864851
Bedrooms 31
Year Built 1960
Lot Size 0.549 Acres
Acres 0.549
Property Description
Pride-of-ownership 22-unit apartment building located in the desirable Valley Village submarket. The property features an attractive unit mix of studio, one-bedroom, and two-bedroom units, totaling approximately 18,661 rentable square feet on a large 23,906 square foot lot. Amenities include on-site parking, pool access, balconies, and spacious unit layouts. The property has benefited from several capital improvements, including roof, landscaping, paving, entry door, LED lighting, and completion of the soft-story retrofit. The offering presents investors with a rare opportunity to acquire a well-located Valley Village multifamily asset with substantial upside in existing rents, providing a clear path to improved cash flow and long-term value creation.
Location
State CA
County Los Angeles
Area Valley Village
Zoning LAR3
Building
Story 2
Others
Special Listing Condition Standard
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Listed by Kohan & Associates Real Estate
NEARBY SCHOOL & BUSINESS
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