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5044 Laurel Canyon Blvd
VALLEY VILLAGE,CA 91607
5,000 sf of Land w/ Plans to Build 4-Unit New Construction Townhomes
$1,300,000
PRICE
5,000 SF LAR3
LOT
4-Unit + ADU
PLANS
14 / 14
BED / BATH
Ikon Advisors is pleased to present this Development Opportunity in the Valley! 5044 Laurel Canyon Blvd offers a 5,000 SF LAR3 lot with a 20 foot back alley in the heart of the active & growing community of Valley Village. Sold with plans to build 5 units comprised of (2) 4 Bed/4 Bath, (2) 3 Bed/3 Bath units and (1) rec room to be converted into a Studio ADU after CofO and eight parking spaces. Property is delivered vacant.
FUTURE DEVELOPMENT
(Estimated Financials)
SALES PRICE
PRICE PER SF
CAP RATE
GRM
GROSS RENTAL INCOME
$3,500,000
$645.52
5.22%
14.55
$240,600
For a full financial breakdown, please browse the Offering Memorandum Package PDF by clicking below.
Contact Yohann about
5044 Laurel Canyon Blvd!
310.923.1550 | yohann@ikonadvisors.com
