The Sedona

5717 Laurel Canyon Blvd. | Valley Village, CA

The Sedona Apartments is a 54 unit building (1 - unit is operated as the fitness center). The property is three stories and offers numerous amenities including: complete kitchens with granite counters (some units), gas ranges, dishwashers, fiberglass shower/tub combos with cultured marble vanities, walk-in closets (some units), patios and balconies, and Central AC/Heat with individual heat pumps. Tenants enjoy a pool, spa, fitness room (with bathroom) and community BBQ. The building also features gated covered parking, an elevator, leasing office and on - site laundry facilities.

Units:54
Year Built:1986
Price:$9,752,500
Down Payment:$2,780,500 (28.5%)
Per Unit Price:$180,602
Per Square Foot Price:$201
GRM:10.48
Cap Rate:5.8%
Cash Flow:$135,216
Mix:1BR+1BA(17), 2BR+2BA(37)

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