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11940 Burbank Boulevard, Valley Village, CA 91607
$6,100,000
11940 Burbank Boulevard, Valley Village, CA 91607View this property at 11940 Burbank Boulevard, Valley Village, CA 91607
11940 Burbank BoulevardValley VillageCA91607
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Property Description
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.
Full Property Details
Full Property Details for 11940 Burbank Blvd
General
- Sold For: $6,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SR23110612
- Added to Site: 317 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: Community
Parking
- Garage Spaces: 22
Location
- Area: VVL - Valley Village
- County: Los Angeles
- Development Name: VVL - Valley Village
- Driving Directions: Just west of the 170; north of Chandler
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 22
- # Electric Meters: 22
Structural Information
- Entry Location: front
- Square Feet: 18,661
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 12
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 8
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.5488
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $326.88
- Price Per Unit: 281818
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Equity Union, Cindy Hill
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Schools
Schools serving 11940 Burbank Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
12215 Albers St, N Hollywood, CA 91607 | K-5 | 0.3 mi | |
4525 Irvine Ave, N Hollywood, CA 91602 | 6-8 | 1.4 mi | |
5231 Colfax Ave, N Hollywood, CA 91601 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11940 Burbank Blvd
Date
Details
Price
Change
Source
10/26/2023
Sold
$6,100,000
-1.61%
MLS
6/21/2023
Listed
$6,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11940 Burbank Boulevard, Valley Village, CA 91607 (MLS# SR23110612) is a Multi-Family property that was sold at $6,100,000 on October 26, 2023. Want to learn more about 11940 Burbank Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Valley Village? You can browse all Valley Village real estate or contact a Coldwell Banker agent to request more information.