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.

 

Griffith Observatory_edited.jpg

Contact Yohann about 
5044 Laurel Canyon Blvd!

310.923.1550 | yohann@ikonadvisors.com

marketing pic.jpg

Yohann Bensimon | CALDRE #01966630

Interested in this property?