$4,480,000 Price Analysis   ♡   Valley Village, CA 91601 18 bed 24 bath 11,424 SqFt ($392/SqFt) 8,194SqFt lot. Built 2008 Listed 2024-06-19, Taxes $31,210 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This newer 8 unit apartment building was originally built as 9 units.
Two units were combined together to approve it as a Condo Project. The process was never completed. The large 4 BR unit is intentionally kept vacant. The new owner could easily re-convert the one large 4 BR unit back into two 1270 sq ft units (one 2 BR 2.5 BA unit and one 2 BR 2.5 BA ADU) making a total of 9 units. Buyer to verify with the City.
All units are equipped with Central Air and Heat, Washer and Dryer, wood floors and the property's gated semi-subterranean with 16 assigned parking spaces & 2 additional guest parking spaces add a sought-after element of convenience. Centrally located mome nts from CBS, NBC, Universal, Disney and Warner Bros. Studios, public trnsportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega-complex. This is the place to invest.
Presented by Andrew Awaida at
RE/MAX OPTIMA.
Property MLS #GD24125901 from CRMLS
Lot Size Source: Assessor
Lot Size Square Feet: 8194
Parking Features: Parking YN: Yes, Parking Features: Assigned, Subterranean
Parking Total: 18
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 3
Total Bathrooms in Unit-3: 3
Total Bathrooms in Unit-4: 3
Total Bathrooms in Unit-5: 3
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2
Unit-5 Garage Spaces: 2
County: Los Angeles
Cap Rate: 4.84
Source Property Type: Residential Income
Insurance Expense: 2492.00
Area: VVL - Valley Village
Source Neighborhood: VVL - Valley Village
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 2355005065
Postal Code Plus 4: 3623
Professional Management Expense: 11172.00
Trash Expense: 3548.00
Zoning: LAC2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,328,007 + $1,207,280 $2,535,287 | $31,210 |
| 2021 | $1,301,968 + $1,183,608 $2,485,576 | $30,785 |
| 2020 | $1,288,618 + $1,171,472 $2,460,090 | $31,086 |
| 2019 | $1,263,351 + $1,148,502 $2,411,853 | $29,540 |
| 2018 | $1,238,580 + $1,125,983 $2,364,563 | $29,336 |
| 2017 | $1,214,295 + $1,103,905 $2,318,200 | $28,708 |
| 2016 | $1,190,486 + $1,082,260 $2,272,746 | $27,967 |
| 2015 | $1,172,604 + $1,066,004 $2,238,608 | $27,564 |
| 2014 | $1,149,635 + $1,045,123 $2,194,758 | $27,686 |
| 2013 | $1,144,440 + $1,040,400 $2,184,840 | $27,687 |
| 2012 | $1,122,000 + $1,020,000 $2,142,000 | $28,048 |
| 2010 | $1,161,241 + $949,743 $2,110,984 | $27,824 |
| 2010 | $1,000,000 + $1,100,000 $2,100,000 | $27,824 |
| 2009 | $1,164,000 + $952,000 $2,116,000 | $26,730 |
| 2008 | $663,083 + $535,659 $1,198,742 | $14,529 |
| 2007 | $459,000 + $489,467 $948,467 | $11,407 |
$4,480,000
CRMLS
Listing removed 2018-10-19
$1,995
CRISNET
Listing removed 2018-10-19
$1,850
CRISNET
Listing removed 2018-10-19
$2,500
CRISNET
Listing removed 2014-04-01
$1,995
CRISNET
Listed for rent 2014-03-22
$1,995
CRISNET
Listing removed 2013-06-12
$1,850
CRISNET
Listed for rent 2013-06-08
$1,850
CRISNET
Sold 2010-03-24
$2,100,000
Public Record
Listing removed 2009-11-19
$1,850
TheMLSCLAW
Listing removed 2009-11-18
$1,850
ITECH
Price Changed for rent 2009-11-08
$1,850
TheMLSCLAW
Price Changed for rent 2009-10-18
$1,950
TheMLSCLAW
Listed for rent 2009-05-19
$2,450
TheMLSCLAW
Listed for rent 2009-05-18
$1,850
ITECH
Listing removed 2009-05-13
$2,550
ITECH
Listing removed 2009-03-17
$2,550
TheMLSCLAW
Listed for rent 2009-02-13
$2,550
TheMLSCLAW
Listed for rent 2008-11-14
$2,550
ITECH
Sold 2008-11-07
$2,116,000
Public Record
Listing removed 2008-03-25
$2,500
CRISNET
Listed for rent 2007-05-18
$2,500
CRISNET
Sold 1999-05-10
$282,000
Public Record
Sold 1992-11-13
$275,000
Public Record
Year Built: 2008
Building Features: 1
Common Walls: 1 Common Wall, No One Above, No One Below
Entry Level: 1
Entry Location: entrance
Property Age: 16
Property Attached: Yes
Building Total Stories: 2
Structure Type: Townhouse
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 11002.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.