Residential Income – 5807 Laurel Canyon Blvd, Valley Village, CA 91607, USA -001-11-30T00:00:00-08:00
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 ma
5807 Laurel Canyon Blvd, Valley Village, CA 91607, USA
$20,695,000 USD
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Address5807 Laurel canyon, Valley Village
Price$20,695,000
Year Built1985
Bedrooms Total0
Listing ID20543932
StatusActive
Parcel Number2340012024
ZoningLAR3
Special ConditionsStandard
Days on Market39

Detailed 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 sq.ft for one-bedroom units, while the two-bedroom units average approximately 1,027 sq.ft each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.

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Address5807 Laurel canyon, Valley Village
CityValley Village
Location (MLS Area)VVL – Valley Village
County Or ParishLos Angeles
State or ProvinceCalifornia
Postal Code91607
Financial Information
Special ConditionsStandard
Gross Operating Income$1,281,717
Gross Income$1,244,564
Net Operating Income$767,821
Gross Multiplier16.15%
Tax Year2020
Full Descriptions
Parcel Number2340012024
Detailed DescriptionIts 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 sq.ft for one-bedroom units, while the two-bedroom units average approximately 1,027 sq.ft each. Within the past year, the property has been upgraded with a new cool roof coating, new fence, and new garage paint.
Heating DescriptionCentral
Appliances DescriptionDishwasher
Parking FeaturesGarage
Property parameters
Year Built1985
Lot Size SourceEstimated
Number of Buildings1
Number of Units Total56
ZoningLAR3
Stories Total3
Units Total56
Listed withRoderick ‘Rick’ Raymundo (Marcus & Millichap)