$1,500,000
For Sale
0.19 acres | #EV24194533
Listing OfficeMELISSA KAYE ROSE, BROKER
Browse 34 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Lot DescriptionZeroToOneUnitAcre, SprinklersManual
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,500,000
      • MLS #EV24194533
      • MLS #EV24194533
      • Sewer InformationUnknown
      • Cost1500000
      • Property SubtypeTriplex
      • Acres0.1882
      • Utility SourcePublic
      • Year Built1951
      • Stories1
      • Parking Spaces3

Location

Mirvat KhouryReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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