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.

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Contact Yohann about 
5044 Laurel Canyon Blvd!

310.923.1550 | yohann@ikonadvisors.com

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Yohann Bensimon | CALDRE #01966630

Interested in this property?