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For Sale

$1,225,000

1,885 sqft$650/sqft222 days on market

5238 Hermitage Ave

Valley Village, CA 91607

· 8% down, 7% APR, 30yr fixed

3

Beds

3

Baths

1,885

Square feet

1951

Built

Listing narrative

Description

BIG PRICE REDUCTION! Motivated Sellers!! 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.

Listing agent (MLS): Melissa Rose · Listing brokerage (MLS): MELISSA KAYE ROSE, BROKER

Property Details

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Price

$1,225,000

Beds

3 bd

Type

Multi-Family

Home Size

1,885 sqft

Baths

3

Lot Size

0.19 acres

Year

1951

Status

For Sale

Days on Market

222

$ / Sqft

$650

· 8% down, 7% APR, 30yr fixed
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Courtesy of MELISSA KAYE ROSE, BROKER