11940 Burbank Boulevard,Los Angeles, CA 91607
Los Angeles, CA 91607
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.
Details
| MLS # | 26864851 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 93 |
| Listing Provided By | Kohan & Associates Real Estate | Eddie Kohan |
Features
| SQ Feet | 18,661 |
|---|---|
| Story(s) | 2 |
| Units | 22 |
| Zoning | LAR3 |
| Acreage | 0.55 |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91607 |
| Area | VVL Valley Village |
| Listing VS Median (in 91607) | |
Price: $5,295,000 low | high Med: $595,000 sqft: 18,661 low | high Med: 1,363 $ / sqft: $284 low | high Med: $437 On site: 93 low | high Med: 2198 | |
Market Activity 91607
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 91607 |
| Area | VVL Valley Village |
| Listing VS Median (in 91607) | |
Price: $5,295,000 low | high Med: $595,000 sqft: 18,661 low | high Med: 1,363 $ / sqft: $284 low | high Med: $437 On site: 93 low | high Med: 2198 | |