NOT LISTED FOR SALE

5334 Vantage Ave Valley Village, CA 91607

Valley Village Neighborhood
3 Beds
2 Baths
5,383 Sq Ft
8,604 Sq Ft Lot

Last Sold January 08, 2024

Last sale price $1,485,000 $276 Per Sq Ft

134 Days on Market

Highlights

  • Laundry Room
  • North Hollywood Senior High School Rated A
  • Rectangular Lot

About This Home

As of January 2024

We are proud to represent this 6 unit apartment building in Valley Village.

The building was constructed in 1953. Its unit mix consists of (4) 1+1 units and (2) 2+1 units. With a lot size of 8,604 square feet, the property has a total of 5,383 rentable square feet.

The Valley Village community is a highly desirable area rich in culture and traditions and centrally located with easy access to public transportation. The surrounding area features established well kept single family homes and a variety of shopping centers, churches, schools, and restaurants. The property is located close to the 101, 134, and 170 freeway and Ventura Blvd is just minutes away with restaurants and shopping while the metro link transportation allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 06/27/2023

Equity Union

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 8,604 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Apartment

Interior Spaces

  • 5,383 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 17775
  • Assessor Parcel Number 2347017015
  • $1,126 per year additional tax assessments

Community Details

Overview

  • 6 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $2,319
  • Operating Expense $41,410
  • Gross Income $124,680
  • Net Operating Income $80,154

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 4.86
  • Price Per Unit: 275000
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2347017015
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 275.87

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 8604.00
  • Lot Size Acres: 0.1975

Multi Family

  • Gross Income: 124680.00
  • Gross Multiplier: 13.17
  • Gross Scheduled Income: 124680.00
  • Insurance Expense: 2319.00
  • Lot Size Area: 8604.0000 Square Feet
  • Net Operating Income: 80154.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 41410.00
  • Rent Control: Yes
  • Total Expenses: 41410.00

Tax Info

  • Tax Census Tract: 1249.03
  • Tax Lot: 17
  • Tax Tract Number: 17775
  • TaxOtherAnnualAssessmentAmount: 1126.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $1,485,000 -10.0% $276 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/10/2023 10/10/23 Price Changed $1,650,000 -5.7% $307 / Sq Ft
08/15/2023 08/15/23 Price Changed $1,750,000 -2.8% $325 / Sq Ft
06/27/2023 06/27/23 For Sale $1,800,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2024

    Cindy Hill

    Equity Union

    (818) 640-8360

    5 in this area

    76 Total Sales

    Section Image

  • N

    Buyer's Agent in 2024

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,799 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23114273

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Valley Village 91607 Valley Village

5334 Vantage Ave, Valley Village, CA

This home is located at 5334 Vantage Ave, Valley Village, CA 91607 since 27 June 2023. This property was built in 1953. 5334 Vantage Ave is a home located in Los Angeles County with nearby schools including Burbank Boulevard Elementary, Walter Reed Middle, and North Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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