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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 / 5319 Vantage Ave
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US / CA / Los Angeles / Valley Village 4 / 5319 Vantage Ave
5319 Vantage Ave, Valley Village, CA 91607
16 Beds
12 Baths
sq ft
ac
US / CA / Los Angeles / Valley Village 4 / 5319 Vantage Ave

5319 Vantage Ave, Valley Village, CA 91607

Estimation provided by Keller Williams Realty, LLC.
16 Beds
12 Baths
sq ft
ac
Pending
For Sale
Open House:
See More Open House Schedules

Property Description

Offered for the first time in over 20 years, 5319 and 5325 Vantage is a family-owned, largely original asset presenting a true value-add opportunity. A new owner can unlock substantial upside through strategic upgrades to building systems, parking, the roof, and both unit interiors and exteriors revitalizing the property and enhancing the resident experience. With in-place rents trailing the market by approximately $786 per unit, and a loss-to-lease of roughly 39%, 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 1954, the property spans two lots for a combined 14,922 SF and consists of two adjacent 6-unit garden-style buildings totaling 10,860 gross SF with two (2) detached carport structures at the rear. The properties unit mix features eight (8) one-bedroom/one-bathroom units and four (4) 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
1954
Days on Site
3 Days
HVAC
Cooling: Wall Unit(s), Heating: Forced Air
Parking
12 Parking Spaces
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Activity History

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Upcoming Open Houses
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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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