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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
$1,395,000
PRICE
5,000 SF LAR3
LOT
4-Unit Townhomes
PLANS
14 / 14
BED / BATH
ESTIMATED FINANCIALS
(For Future Development)
SALES PRICE
PRICE PER SF
CAP RATE
GRM
GROSS RENTAL INCOME
$3,400,000
$627.07
4.88%
15.32
$222,000
For a full financial breakdown, please browse the Offering Memorandum Package PDF by clicking below.
Ikon Advisors is pleased to present 5044 Laurel Canyon Blvd, 5,000 SF of land sitting on a LAR3 lot & 20 foot back alley with plans to build 4-unit New Construction Townhomes in Valley Village. The finalized building will consist of (2) 4 Bed/4 Bath and (2) 3 Bed/3 Bath units with two parking spaces per unit. This high demand rental will yield future investors with an estimated 4.88% Cap Rate, with easy maintenance and little management needed. The lot is located in a highly desirable pocket of Laurel Canyon Boulevard that's increasingly active with multifamily developments and quickly-leased units.
Contact Yohann about
5044 Laurel Canyon Blvd!
310.923.1550 | yohann@ikonadvisors.com
