11940 Burbank Boulevard, Los Angeles, CA 91607
- $5,395,000
- List Price
- $5,395,000
- Status
- ACTIVE
- MLS#
- 26864851
- Year Built
- 1960
- Lot Size
- 23,914
- Acres
- 0.55
- Days on Market
- 1
- Property Type
- Commercial
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.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 22
- Gross Scheduled Income
- $580,860
Listing courtesy of Listing Agent: Eddie Kohan (ejkohan@gmail.com) from Listing Office: Kohan & Associates Real Estate.
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