Valley Village, CA 91607,5318 Vantage Ave
Valley Village, CA 91607,5318 Vantage Ave
Valley Village, CA 91607,5318 Vantage Ave
5
$745,000
$800,000
6.9%
Est.Price: ?

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6 BD
4 BA
3,348 SqFt

5318 Vantage Ave Valley Village, CA 91607

Est. payment /mo
SOLD DATE : 08/21/2025

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Key Details

Sold Price $745,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $222

MLS Listing ID 25567429

Bedrooms 6

Year Built 1953

Lot Size 7,427 Sqft

Property Sub-Type Multi-Family

Property Description

Offered for sale for the first time in over 20+ years, 5318 Vantage is a family-owned and operated value add opportunity. and remains largely untouched, presenting a true value-add opportunity. A new owner can unlock significant upside by upgrading building systems, parking, the roof, and unit interiors and exteriors to modern standards revitalizing both the asset and resident experience. With in-place rents trailing the market by approximately $922 per unit, and a loss-to-lease of roughly 44%, there is immediate potential to boost income through strategic renovations. All units are currently in classic condition, allowing a buyer to tailor improvements to today's renter preferences. Built in 1953, the property sits on a 7,424 SF parcel and consists of one 4-unit garden-style building totaling 3,348 gross SF with one (1) detached carport structure at the rear of the lot. The properties unit mix features two (2) one-bedroom/one-bathroom units and two (2) two-bedroom/one-bathroom units. Additionally, the property features mature landscaping and underutilized common areas that offer an opportunity to enhance curb appeal and community spaces in this quiet, suburban pocket.

Location

State CA

County Los Angeles

Area Valley Village

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s)

Equipment None

Exterior

Parking Features Garage Is Detached

Garage Spaces 4.0

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by NorthMarq Realty Services, Inc.
Bought with NorthMarq Realty Services, Inc.

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Chris Mardelli

Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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