5233 Lemp Ave, Valley Village, CA, 91601
Property Details
3
multi family
Description
Multi Family in Valley Village, CA - Bedrooms: 0 - Bathrooms: 3 - Area: N/A - Year Built: 1936 - Lot: 6800 sqft
Listing Agent: Brad Korb Brokerage: Brad Korb Real Estate Group
Set on a generous 6,800 square foot lot, this charming California Traditional property offers a rare blend of comfort, functionality, and location, positioned immediately adjacent to the highly regarded Oakwood School. The thoughtfully landscaped grounds feature drip and sprinkler irrigation, ambient landscape lighting, and a serene in-ground hot tub spa with lighting, perfect for relaxing evenings. A plum tree enhances the backyard, while practical upgrades such as a water softener add to the home's everyday livability. The main residence spans approximately 1,275 square feet and includes two bedrooms and two bathrooms. Interior highlights include a formal entryway, a dedicated dining room, and a welcoming living room centered around a wood-burning fireplace, which is already plumbed for gas. The kitchen comes fully equipped, featuring a brand-new 36-inch refrigerator, and both the washer and gas dryer are included. Bedrooms have dual-pane glass for added comfort. The home also offers permitted extra parking in front and is serviced by a new HVAC system. Complementing the main house is a versatile 298 square foot ADU, complete with a 3/4 bathroom with a certificate of occupancy 3/28/18 (non-rent controlled). This private space features French doors, a two-burner gas stove, tankless water heater, gas heater, and durable luxury vinyl plank flooring. The ADU is internet-ready with Spectrum service and includes a separate electric submeter (owner-monitored), while gas and electricity are shared with the main house. This unique property presents an exceptional opportunity to enjoy classic California living with added flexibility, security, and income or guest potential.
Location
Address
5233 Lemp Ave, Valley Village, CA, 91601
City
Valley Village
Features and Finishes
Refrigerator, Gas Oven, Dishwasher, Laundry Features: Individual Room, Cooling Features: Central Air, Heating Features: Natural Gas, Heating: Yes, Full Bathrooms: 3, Additional Parcels: No, Land Lease: No, Lot Description: Front Yard, Back Yard, Lot Size Acres: 0.1561, Lot Size Source: Assessor, Lot Size Square Feet: 6800, Spa Features: Private, Spa: Yes, Parking Total: 4, Gross Income: 81600, Gross Scheduled Income: 81600, Rent Control: Yes, Number of Units: 2, Bedrooms in Unit-1: 2, Bedrooms in Unit-2: 0, Total Bathrooms in Unit-1: 2, Total Bathrooms in Unit-2: 1, Full Bathrooms in Unit-1: 2, Full Bathrooms in Unit-2: 1, Unit-1 Furnished Description: Unfurnished, Unit-2 Furnished Description: Unfurnished, Community Features: Street Lights, Source Listing Status: Active, County: Los Angeles, Cap Rate: 4, Source Property Type: Residential Income, Insurance Expense: 3100, Area: VVL - Valley Village, Source Neighborhood: VVL - Valley Village, New Taxes Expense: 17345, Number of Separate
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