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    5261 Whitsett Ave

    Valley Village, CA 91607
    • $8,495,000
    • STATUS: Active Under Contract
    • ON SITE: 67 days
    • ID#: 21-688564
    Under Contract
    UPDATED: 69 min ago
    $8,495,000
    • 35
      BEDS
    • 0.68
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,879
      SQFT
    • $388
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    We are pleased to present a twenty-eight (28) unit apartment build- ing located at 5261 Whitsett Avenue in Valley Village, California. The subject property is situated in prime Valley Village location, north of West Magnolia Boulevard and east of Laurel Canyon Boulevard. Built in 1957, this offering contains a good unit mix of twenty-one (21) one-bed- room/one-bathroom units and seven (7) two-bedroom/one-bathroom units. Each unit features spacious living rooms, hardwood floors throughout, large bedrooms with ample closet space, central HVAC, and ceiling fans throughout. The kitchens feature nice cabinetry, granite countertops, dishwashers, microwaves, and gas stoves. The bathrooms feature shower/tub combos with granite tile and a vanity. Select units were recently renovated. This courtyard is incredibly secure with gated entry access and features a community pool with surrounding recreation area. Behind the main front building there are plenty of carports available for the tenants. The front yard is a large grassy area with car parking on either side. This well-maintained property comes with on-site laundry and 33 onsite parking spaces.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-12T07:42:13.553. 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.
    www.corrieluxuryhomes.com/homes/113889948
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    5261 Whitsett Ave Valley Village, CA 91607

    • Price: $8,495,000
    • Status: Active Under Contract
    • Updated: 69 min ago
    • ID#: 21-688564
    35
    Beds
    0
    Baths
    0
    ½ Baths
    0.68
    Acres
    21,879
    SQFT
    $388
    $/SQFT
    1957
    Built
    Neighborhood:
    Valley Village
    County:
    Los Angeles
    Area:
    Valley Village
    Property Description
    We are pleased to present a twenty-eight (28) unit apartment build- ing located at 5261 Whitsett Avenue in Valley Village, California. The subject property is situated in prime Valley Village location, north of West Magnolia Boulevard and east of Laurel Canyon Boulevard. Built in 1957, this offering contains a good unit mix of twenty-one (21) one-bed- room/one-bathroom units and seven (7) two-bedroom/one-bathroom units. Each unit features spacious living rooms, hardwood floors throughout, large bedrooms with ample closet space, central HVAC, and ceiling fans throughout. The kitchens feature nice cabinetry, granite countertops, dishwashers, microwaves, and gas stoves. The bathrooms feature shower/tub combos with granite tile and a vanity. Select units were recently renovated. This courtyard is incredibly secure with gated entry access and features a community pool with surrounding recreation area. Behind the main front building there are plenty of carports available for the tenants. The front yard is a large grassy area with car parking on either side. This well-maintained property comes with on-site laundry and 33 onsite parking spaces.
    Exterior Features

    Lot Size Area 29740 Other Structures None Parking Garage Covered Parking Total Parking 33 View Description City View YN Yes

    Interior Features

    Bathroom Features Shower And TubTileDouble Vanity(S) Baths Total 28.00 Cooking Appliances Built-Ins Cooling Wall Unit(S) Equipment Built-InsDishwasherRange/Oven Flooring TileWood Heating Other Kitchen Features Remodeled Laundry Room

    Property Features

    Assessed Total Value 4266783 Gross Income 543775 Gross Operating Income 531061 Like Units1 21 Like Units2 7 Net Operating Income 343747.00 Number Of Buildings 1 Number Of Units 28 Sale Type Standard Security Features 24 Hour Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 187324 Type Of Units Market Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Jason Tuvia DRE#01772495 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-12T07:42:13.553. 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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