5301 Corteen Pl, Valley Village, Los Angeles County, CA, 91607 Los Angeles CA US

USD 5600000 For Sale
MLS: 23-293745

Property Details

Bedrooms

23

Bathrooms

7

Neighborhood

Valley Village

Property Type

MultiFamily

Description

5301 Corteen Place is a gorgeous 18-unit apartment complex with (4) city approved ADU's that have yet to be built, totaling a potential for 22 units in Prime Valley Village. The (4) city approved ADU's are all 2-bedroom, 2-bath units and approximately 850sf in size once built. The income we are showing is including pro forma rents for all four potential ADU's as well as the square footage that will be added to the building once the ADU's are constructed. The other 18 existing units are comprised of (13) 1+1, (4) 2+2, and (1) 2+1. Behind the secured and gated entrance of the building is a beautiful pool and landscaped garden area with patio furniture that the tenants enjoy. Many of the units are remodeled with very nice finishes, including but not limited to grey vinyl flooring and open kitchens with courts countertops. Many of the units have new A/C units and nice balconies that overlook the pool and courtyard area. Please DO NOT DISTURB THE TENANTS! Interior inspections will be subject to an accepted offer. Thank you! Find out more about this property. Request details here

Location

Address

5301 Corteen Place, Valley Village, California 91607, United States

City

Valley Village

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Real Estate Broker
Chase Simonton
Top Tags
city approved ADU's
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