Address
5327 Hermitage Avenue Valley Village, CA
Price
$ 21,500,000
Property Attributes
  • MLS#20646900
  • TypeIncome
  • CountyLOS ANGELES
  • CityValley Village
  • AreaValley Village
  • Zip91607
  • Style
  • Price$ 21,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.55 Acres
Listing Provided Courtesy Of:
Jeffrey Louks with Marcus & Millichap.
Property Description

We are pleased to present 5327 Hermitage Avenue located in the highly desirable Valley Village submarket of the San Fernando Valley. Built in 2018 and comprised of 42 luxury units consisting of One, two- and three-bedroom spacious units. This beautiful asset is fantastic opportunity for an investor to acquire a turn-key property with strong rents while having room to grow. 5327 Hermitage is currently subject to Los Angeles City Rent Control. 5327 Hermitage Avenue is beautiful building with several fantastic amenities including a very spacious gym, in-unit Washer and Dryers, 27storage units (that are being rented for extra income) and Gated subterranean parking (76 Spaces). Access into the building is controlled with a security keypad, and several common area security cameras. Additionally, the building has been plumbed for individual water meters for each unit (see listing agents for details.)

Price History
10/14/2020 Listed $21,500,000

General Features

Co-Listing Agent Last Name Jeanette
Co-Listing Agent Last Name Monfared
Co-Listing Agent State License # 00765098
Co-listing Agent Jeanette Monfared - BRE#00765098
Cooling Central Air
Directions Located just south of Chandler Boulevard and in between Whitsett Avenue and Laurel Canyon Boulevard
Heating Central
Listing Agent Jeffrey Louks - BRE#00908473
Listing Agent State License 00908473
MLS Area VVL - Valley Village
Parking Features Assigned, Controlled Entrance
Special Listing Conditions Standard
Total Units 42
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Total Stories 4

Exterior Features

Lot Size Acres 0.5500
Lot Size Area 24037.0000
Lot Size Square Feet 24037.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91607

Price
AVG $8.18M
$21.5M
Visits
AVG 53
101
Year Built
AVG 1979
2018
Walkscore
AVG 78
78
Data Provided by Walkscore ® not using MLS data

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