Commercial Property — 11940 Burbank Boulevard, Los Angeles, CA
$5,395,000
11940 Burbank Boulevard, Los Angeles, CA
About this property
Pride-of-ownership 22-unit apartment building located in the desirable Valley Village submarket. The property features an attractive unit mix of studio, one-bedroom, and two-bedroom units, totaling approximately 18,661 rentable square feet on a large 23,906 square foot lot. Amenities include on-site parking, pool access, balconies, and spacious unit layouts. The property has benefited from several capital improvements, including roof, landscaping, paving, entry door, LED lighting, and completion of the soft-story retrofit. The offering presents investors with a rare opportunity to acquire a well-located Valley Village multifamily asset with substantial upside in existing rents, providing a clear path to improved cash flow and long-term value creation.
Property details
Location
11940 Burbank Boulevard • Los Angeles, CA 91607
Listed by
Eddie Kohan · Kohan & Associates Real Estate