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Sold for $6,100,000 on 10/26/23
  • Listing Provided by: 

    Cindy Hill DRE #00885625 818-640-4360,

    Equity Union

    Bought with: Equity Union
    $6,100,000

    11940 Burbank Blvd, Valley Village, CA 91607

    30beds
    32baths
    18,661sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $6,121,300 Zestimate®
    $327/sqft
    $1,818 Estimated rent

    Owner options

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    $1,818/mo

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    $1,818/mo

    Rent Zestimate®

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    $38,075/mo

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    $38,075/mo

    Est. payment

    What's special

    We are proud to represent this 22unit apartment building in Valley Village. The building was constructed in 1960. Its unit mix consists of (1) studio unit, (12) one-bedroom, one-bathroom units, and (9) two-bedroom, two-bathroom units. With a lot size of 23,906 square feet, the property has a total of 18,661 rentable square feet. The building has numerous upgrades including a $60,000 new roof, new landscaping, new paving, new front entry door, and LED lighting. The property has significant upside in existing rents. The Valley Village community is a highly desirable area rich in culture and traditions and centrally located with easy access to public transportation. The surrounding area features established well kept single family homes and a variety of shopping centers, churches, schools, and restaurants. The property is located close to the 101, 134, and 170 freeway and Ventura Blvd is just minutes away with restaurants and shopping while the metro link transportation allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for gas and electricity.

    Zillow last checked: 8 hours ago

    Listing updated: October 26, 2023 at 01:58pm

    Listing Provided by:

    Cindy Hill DRE #00885625 818-640-4360,

    Equity Union

    Bought with:

    Cindy Hill, DRE #00885625

    Equity Union

    Source: CRMLS,MLS#: SR23110612MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 30
    • Bathrooms: 32
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 18,661
    • Total interior livable area: 18,661 sqft

    Property

    Parking
    • Total spaces: 22
    • Parking features: Garage
    • Garage spaces: 22
    Features
    • Entry location: front
    • Pool features: Community
    Lot
    • Size: 0.55 Acres
    Details
    • Parcel number: 2348002034
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban, Urban, Valley, Pool
    Location
    • Region: Valley Village

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan
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    Estimated market value
    $6,121,300