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.
Investment Highlights
• 22-unit multifamily asset in desirable Valley Village location
• Attractive unit mix of studio, one-bedroom, and two-bedroom units
• Approximately 18,661 rentable SF on a ±23,906 SF lot
• Substantial upside in existing rents
• Clear opportunity to improve cash flow through continued rent growth and operational enhancements
• Completed soft-story retrofit
• On-site pool, balconies, and parking
• Recent capital improvements including roof, landscaping, paving, entry door, and LED lighting
• Convenient access to Studio City, North Hollywood, Sherman Oaks, and major Valley employment corridors