5222 Hermitage Avenue 5222 Hermitage Avenue Valley Village, California 91607 Estados Unidos
5222 Hermitage Avenue Valley Village, California 91607 Estados Unidos
$7,700,000
Obtener indicaciones
We are pleased to present this 20-unit multifamily offering located at 5222-5228 Hermitage Avenue in Valley Village, CA. Built in 1948 & 1970, the properties sit on a combined lot size of 15,246 SqFt (0.35 Acres) and has a total building SqFt of...
- .52 acres
- Exterior
- Edificio Residencial
- Tipo de inmueble
- 1970
- Año de construcción
- 21747930
- ID web
- 21747930
- ID de MLS
- 654
- días atrás
Acerca de 5222 Hermitage Avenue
We are pleased to present this 20-unit multifamily offering located at 5222-5228 Hermitage Avenue in Valley Village, CA. Built in 1948 & 1970, the properties sit on a combined lot size of 15,246 SqFt (0.35 Acres) and has a total building SqFt of 18,009. The properties also have an excellent and diversified unit mix with (1) Studio, (5) 1-Bed units, (13) 2-Bed units, and (1) 3-Bed unit, with an average unit size of 900 SqFt.Over the past 3 years, the Seller has spent a significant amount of money on interior renovations with 7 of the 20 units being fully renovated and re-leased at market rates, which leaves the remaining 13 units to be improved by the buyer. This offering is ideal for a value-add investor who wants to own a very well-located Valley Village property with the potential to increase the rental income by nearly 30%.
Listing Courtesy of Filip Niculete, Marcus & Millichap, 01905352, Active
Listing Courtesy of Filip Niculete, Marcus & Millichap, 01905352, Active
ADDITIONAL INFORMATION
- Number of Units
- 20
Listing Courtesy of Marcus & Millichap
Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
