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Listed by: Dana Brody (818) 212-2757 DRE #01429001 | Dana Brody (818) 212-2757
$2,725,000
18 Beds
- 16 Baths
11,202sqft
5227 Corteen Pl, Valley Village, CA 91607
$2,725,000
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Multi Family
Built in 1956
$-- HOA
16,174 sqft lot
$243/sq.ft
Description
Now offered at just 10.7x gross on in-place rents! Fully occupied with 2.76% assumable financing in place. 5227 Corteen Place presents a rare opportunity to acquire a premier 10-unit multifamily asset in the heart of Valley Village, offered alongside its sister property at 5223 Corteen (separately priced). Situated on an oversized 16,000+ SF R3-zoned lot, the property offers meaningful future upside with the potential to add up to 8 ADUs (Buyer to Verify), creating a clear path to increased density and long-term value creation.The asset features a highly desirable unit mix of primarily 2- and 3-bedroom units, catering to Valley Village's strong tenant base of professional...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1956
HOA Fees
-
Finished Area
11,202 sqft
Lot Size
16,174 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26661999
MLS Status
Pending
Days on Market
143
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