5329 Agnes AVE, Valley Village, CA 91607
5329 Agnes AVE, Valley Village, CA 91607
5329 Agnes AVE, Valley Village, CA 91607
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Chris & Michelle Mardelli

Chris & Michelle Mardelli

+1(626) 215-4105
$3,200,000
Est. payment /mo
20 Beds
26 Baths
11,972 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,972 sqft

Price per Sqft $267

MLS Listing ID 26993229

Bedrooms 20

HOA Y/N No

Year Built 1965

Lot Size 0.298 Acres

Property Description

5329-5333 Agnes Avenue offers investors the opportunity to acquire a 16-unit multifamily property in prime Valley Village. The unit mix includes (2) 2-bedroom, 1.5-bath townhomes, (8) 2-bedroom, 2-bath units, and (6) studio units, providing a range of floor plans for prospective tenants. Offered at $3,200,000, the property is priced at $200,000 per unit and approximately $267 per square foot. At the asking price, it offers a 5.66% going-in cap rate and a 10.85 GRM, with approximately 43% upside in rents. The gap between current and market rents presents an opportunity to increase rental income over time.The property comprises 2 separate APNs and may offer potential for additional ADUs, subject to buyer verification. Its location in prime Valley Village places residents near dining and entertainment options in a walkable neighborhood. The combination of in-place income, rental upside, and potential for additional units makes 5329-5333 Agnes Avenue a compelling multifamily investment opportunity.

Location

State CA

County Los Angeles

Area Vvl - Valley Village

Zoning LARD1.5

Interior

Flooring Wood

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Total Parking Spaces 12

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 2348016035

Special Listing Condition Standard


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Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252
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Chris & Michelle Mardelli

Broker Associate License ID: 01834969

+1(626) 215-4105 | chris@therealupside.com

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5329 Agnes AVE