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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,500,000

Est. payment - /mo

8,197 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID EV24194533

HOA Y/N No

Year Built 1951

Annual Tax Amount $12,029

Tax Year 2024

Lot Size 8,197 Sqft

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Los Angeles

Area Vvl - Valley Village

Interior

Fireplace No

Laundry None

Exterior

Parking Features Door-Multi, Direct Access, Door-Single, Garage, Paved, Shared Driveway

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Sprinklers Manual

Story 1

Entry Level One

Sewer Unknown

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2347023004

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard, Trust

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Listed by MELISSA ROSE MELISSA KAYE ROSE, BROKER 760-880-3114

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5238 Hermitage Valley Village, CA 91607