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Listing Courtesy Of: NorthMarq Realty Services, Inc., 949-717-5200, Elliot Hassan
Local Realty Services Provided By: Keller Williams Realty Studio City
US / CA / Los Angeles / Valley Village 4 / 5318 Vantage Ave
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US / CA / Los Angeles / Valley Village 4 / 5318 Vantage Ave
5318 Vantage Ave, Valley Village, CA 91607
6 Beds
4 Baths
sq ft
ac
US / CA / Los Angeles / Valley Village 4 / 5318 Vantage Ave

5318 Vantage Ave, Valley Village, CA 91607

Estimation provided by Keller Williams Realty, LLC.
6 Beds
4 Baths
sq ft
ac
Active
For Sale
Open House:
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Property Description

Offered for sale for the first time in over 20+ years, 5318 Vantage is a family-owned and operated value add opportunity. and remains largely untouched, presenting a true value-add opportunity. A new owner can unlock significant upside by upgrading building systems, parking, the roof, and unit interiors and exteriors to modern standards revitalizing both the asset and resident experience. With in-place rents trailing the market by approximately $922 per unit, and a loss-to-lease of roughly 44%, there is immediate potential to boost income through strategic renovations. All units are currently in classic condition, allowing a buyer to tailor improvements to today's renter preferences. Built in 1953, the property sits on a 7,424 SF parcel and consists of one 4-unit garden-style building totaling 3,348 gross SF with one (1) detached carport structure at the rear of the lot. The properties unit mix features two (2) one-bedroom/one-bathroom units and two (2) two-bedroom/one-bathroom units. Additionally, the property features mature landscaping and underutilized common areas that offer an opportunity to enhance curb appeal and community spaces in this quiet, suburban pocket.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1953
HVAC
Cooling: Wall Unit(s), Heating: Forced Air
Parking
4 Parking Spaces
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Activity History

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Nearby Schools

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Transit & Commute

Estimated commute times from Valley Village 4
Car-Dependent Walkable Very Walkable
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