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.
Property Details
Price:
$1,500,000
MLS #:
EV24194533
Status:
Active
Baths:
0
Address:
5238 Hermitage
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
vvlvalleyvillage
City:
Valley Village
Listed Date:
Sep 15, 2024
State:
CA
ZIP:
91607
Lot Size:
8,197 sqft / 0.19 acres (approx)
Year Built:
1951
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Schools
Interior
Laundry Features
None
Exterior
Architectural Style
Bungalow
Community Features
Sidewalks
Parking Features
Direct Garage Access, Paved, Garage, Garage – Single Door, Garage – Two Door, Shared Driveway
Parking Spots
3.00
Roof
Shingle
Financial
Taxes
$12,029
Map
Community
- Address5238 Hermitage Valley Village CA
- AreaVVL – Valley Village
- CityValley Village
- CountyLos Angeles
- Zip Code91607
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5238 Hermitage
Valley Village, CA
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