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Think Boutiq Real Estate

chelle@thinkrealestateco.com +1(657) 465-5200

$ 1,325,000

Est. payment -/mo

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Price Dropped by $100K

5238 Hermitage Valley Village, CA 91607

3 Beds

3 Baths

1,885 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,885 sqft

Price per Sqft $702

MLS Listing ID IG26069395

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1951

Lot Size 8,197 Sqft

Property Sub-Type Triplex

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

Area Vvl - Valley Village

Rooms

Main Level Bedrooms 1

Interior

Interior Features All Bedrooms Down

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Door-Multi, Direct Access, Door-Single, Garage, Paved, Shared Driveway

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Sprinklers Manual

Dwelling Type Triplex

Story 1

Entry Level One

Sewer Unknown

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2347023004

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Melissa Rose MELISSA KAYE ROSE, BROKER 760-880-3114, DRE #01816116