We are proud to represent this 33 unit property in Valley Village. The property was constructed in 1987. Its unit mix consists of (10) 1+1 units and (23) 2+2 units. With a lot size of 25,343 square feet, the property has a total of 30,915 rentable square feet. 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.
Incredible opportunity to acquire a near new remodel/new construction property. Front house, remodeled with primary bedroom addition (2023) and stable tenants through (2026). Newer kitchen baths, flooring, heat/ac, plumbing, etc.. Large front yard with turf. Rear unit is a large two story ADU with private garage, Thermador Appliances, Caesarstone counters, rift oak cabinets and private yard. Tenants lease through (2026)
Incredible opportunity to acquire a near new remodel/new construction property. Front house, remodeled with primary bedroom addition (2023) and stable tenants through (2026). Newer kitchen baths, flooring, heat/ac, plumbing, etc.. Large front yard with turf. Rear unit is a large two story ADU with private garage, Thermador Appliances, Caesarstone counters, rift oak cabinets and private yard. Tenants lease through (2026)
KW Commercial is pleased to present the exclusive opportunity to acquire a VALUE ADD 16 Unit Apartment Complex in Valley Village, CA. This multi-family property is comprised of four2BD/1BA units, eight 1BD/1BA units, and four single units. This property includes a .21 ACRE/9,348 SF leveled vacant lot that is zoned R1. With excellent proximity to shopping, entertainment districts, restaurants, and freeways this community is conveniently and centrally located. List Price $4,380,000 ( Price breakdown: $3,634,000 for apartment property + $746,000 for empty back lot) *Must be purchased together Cap Rate 6.3% CAP *Back Lot priced at $746,000 not included in cap rate calculations Building Size 11,018 SF Parcel Size 0.52 Acres Empty Back Lot Size .21 ACRES/ 9,348 SF Year Built 1958 Parcel Number 234-026-016 Zoning Apartment parcel R3. Empty back lot zoned R1
This beautiful open main house has a loft-style layout, is bathed in natural light, and provides an ideal relaxed living and entertaining space. The show-stopping, open-concept kitchen is equipped with professional-grade appliances, double ovens, dual sinks, and Gold Calacatta quartz countertops, all complemented by soft-close wood cabinetry for an elevated culinary experience. The bathrooms feature sleek, contemporary designs with high-end finishes, offering a spa-like experience. Expansive glass sliding doors lead to a peaceful backyard retreat, perfect for outdoor dining or relaxation. The home also boasts energy-efficient upgrades, lowering utility costs while promoting sustainability. Additionally, a self-contained 1 bed 1 bath ADU offers flexible living options whether as a rental unit for additional income or a guest suite.
Outstanding Investment OPPORTUNITY!! 5238 Hermitage is a Multi-Family Triplex located in the highly desirable Valley Village Community. The property consists of (3) one bedroom, one bath units, each having use of a detached (3) car garage. This quaint property was built in 1951 and has a lot size of approximately 8,197 square feet with a total rentable space of 1,885. The site is level and the development potential is great. Options may be available to improve the property or re-develop the site, with a significant density boost. Buyer to verify all City, State Codes and Programs available for re-development. The Valley Village community is an area that is rich in culture and traditions and is located with easy access to public transportation, metro link, and a variety of shopping centers, churches, schools and restaurants. This property and the surrounding area features established small to multi-family projects, which are close to the 101, 170 and 134 Freeways. Don't miss out on this exceptional opportunity!! Property is being sold in it's current 'As Is" condition without any repairs or relocation of tenants. Buyer to do their own due dilligence.
Back on market! Previously sold with multiple offers over list price! Run, don't walk! Opportunity awaits in the heart of Valley Village with this prime 3-unit property! Featuring three 1 bedroom, 1 bathroom units, this gem has been owned by the same family for over 48 years. Each unit boasts hardwood floors and a charming dining area. The back unit offers a private patio for added outdoor enjoyment. With three 1-car garages and a long driveway, parking is never an issue. This is a rare find in an unbeatable location—perfect for investors or owner-occupants looking to capitalize on a highly sought-after area. Don’t miss out on this exceptional opportunity!
We are pleased to present 5222 Hermitage Ave, a 5-unit multifamily property in Valley Village, CA.In 1948, this property was originally built as a single family house. Then in 1987, the owner submitted building plans to add 4 units in addition to the house, making it a 5 unit property. The construction was finished in 1989, and the certificate of occupancy was issued in 1990. The property isn't on the city's list for mandatory soft story retrofitting, despite the tuck-under parking in the back. This is likely because the tuck-under parking was built in 1990, and therefore exempt from seismic retrofitting requirements, but the Buyer should verify and rely on Buyer's own research.This 4,802 square foot building sits on a 0.17 acre lot, and it boasts a strong unit mix with (1) 1,100 SqFt 3-Bedroom, (1) 950 SqFt 2-Bedroom, and (3) 650 SqFt 1-Bedroom units. The 3 bedroom unit was recently renovated as well as one of the 1-bedroom units. The other three units are occupied by tenants living there for 10+ years, and those units offer significant upside potential for the buyer. Also, this property's layout lends itself perfectly for two brand new construction ADUs to be built on the back parking lot.5222 Hermitage is located in a great pocket of Valley Village, a desirable community within the San Fernando Valley, known for its residential charm, accessibility, and convenience. The property benets from its proximity to key transportation routes, shopping, dining, and entertainment options, as well as its closeness to major employment centers. This prime location not only enhances the living experience for tenants but also contributes to the property's overall attractiveness as an investment, by supporting sustained demand and the potential for rental growth. The blend of a well-maintained property, a diverse unit mix, and a prime location makes this asset a compelling opportunity for investors looking to capitalize on the Valley Village rental market.
We are pleased to present Hermitage Court, a 15-unit apartment community in Valley Village, CA. Built in 1970, this property is subject to LA Rent Control (RSO), but it is not required to have an onsite manager, saving the landlord a signicant expense.Priced at $4,320,000, Hermitage Court is offered well below ULA Mansion Tax's threshold of $5,150,000, allowing the buyer to increase the property's value without having to worry about paying for ULA taxes on a future sale.This 13,207 square foot building sits on a large 0.35 acre lot, and it boasts an excellent unit mix of twelve 2-bedroom units (80% 2-bed units), two 1-bedroom units, and one studio. The property wraps around a beautiful courtyard with well manicured landscaping, and it is fully secured with all entrances closed off from the public. There's plenty of parking for the tenants with some private garages in the front and additional parking in the back. Also, the property offers its tenants a pool and BBQ area to enjoy.The seller has renovated 8 of the 15 units in recent years, leaving the buyer ample opportunity to capitalize on approximately 33% upside in rents through unit turns. Also, the buyer could consider converting the garages into ADUs, adding to the total unit count and significantly increasing the property's value. Hermitage Court is located in a great pocket of Valley Village, a desirable community within the San Fernando Valley, known for its residential charm, accessibility, and convenience. The property benets from its proximity to key transportation routes, shopping, dining, and entertainment options, as well as its closeness to major employment centers. This prime location not only enhances the living experience for tenants but also contributes to the property's overall attractiveness as an investment, by supporting sustained demand and the potential for rental growth. The blend of a well-maintained property, a diverse unit mix, and a prime location makes this asset a compelling opportunity for investors looking to capitalize on the Valley Village rental market.
Charming newer 8 unit apartment building with a value Add. All units are equipped with Central Air & Heat, Washer & Dryer, wood floors and the property's gated semi-subterranean with 16 assigned parking spaces & 2 additional guest parking spaces add a sought-after element of convenience. Originally being built as 9 units, two units were combined together to approve it as a Condo Project. The process was never completed. The new owner could re-convert the one large 4 BR unit (which is leased for one year) back into two 1270 sq ft units (one 2 BR 2.5 BA unit & one 2 BR 2.5 BA ADU) making a total of 9 units. Buyer to verify with the City. Centrally located moments from CBS, NBC, Universal, Disney, and Warner Bros. Studios, public transportation, beloved Valley Village Park, the famed NoHo Arts District and the NoHo West mega-complex. This is the place to invest.
The median home value in Valley Village, CA is $1,105,000. The national median home value is $338,100. The average price of homes sold in Valley Village, CA is $1,105,000. Valley Village real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Valley Village real estate agent to arrange a tour today!