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$1,500,000
Est. payment /mo
1 Bed
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID EV24194533
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,Exchange
Property Type Res Income 2-4 Units
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
Zoning Appraiser
Direction Hermitage is located north of Magnolia Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 2347023004
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Melissa Rose MELISSA KAYE ROSE, BROKER
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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