5807 Laurel Canyon Blvd, Valley Village, CA 91607

$19,050,000
56
BD
62
BA
42,524
SqFt
Sold Price
$19,050,000
List Price
$19,995,000
Closing Date
Dec 21, 2021
MLS#
20-584808
Status
SOLD
Type
Multifamily
Bedrooms
56
Bathrooms
62
Living Area
42,524

Property Description

its 25 acres of retail and entertainment destinations. More than 25% of the apartments have been completely remodeled to include in-unit washer/dryers, stainless steel appliances, quartz countertops, wood flooring, and upgraded bathrooms. A new investor may continue this remodeling program and apply the same blueprint to the remaining units in order to capture the asset's significant rent upside.Constructed in 1985, NoHo Centre features an impressive amenities package, with central air/heat in all units, at least one balcony in every unit (except singles), large walk-in pantries in all units, at least one garage parking space per bedroom, a laundry room on every floor, an elevator, and a landscaped courtyard. The spacious floorplans range from 729 to 812 square feet for one-bedroom units, while the two-bedroom units average approximately 1,027 square feet each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.

Additional Information

Year Built
1985
Garage
Garage

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo. Selling Office: .

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