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Listed by David Welp • David Welp, Broker
$ 3,300,000
Est. payment /mo
Active Under Contract
Valley Village, CA 91607
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC-25193787
Year Built 1953
Annual Tax Amount $1,530
Tax Year 2025
Property Sub-Type Multi Family
Source California Regional Multiple Listing Service (CRMLS)
Property Description
This is a great opportunity to own 2 apartment buildings side by side (5309 and 5315 Whitsett Ave). These 2 buildings will be sold together and not individually. Each building has space to the rear to possibly add 6 additional units behind each building (12 more units total). 5309 has covered parking and a swimming pool to the rear and 5315 has covered parking and an open lot to the rear of it. Currently 5 of the units have been remodeled. One unit is currently vacant (Remodeled), and will not be rented out until new owner takes over. This is a great opportunity to possibly expand and turn this highly desirable area into possibly a 24 unit complex.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Interior
Laundry Laundry Equipment Own Lease, Common Area
Exterior
Utilities Available Electricity Connected
Building
Lot Description Sprinklers In Front, Lot 10000-19999 Sqft, 11-15 Units/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944