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5415 Corteen Pl
Valley Village, CA 91607
2 & 3 BR Units | Seismic Retrofit Complete · Multifamily Property For Sale
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22 Units
Investment Highlights
- Desirable Valley Village Location Near Chandler Boulevard
- Attractively Priced at Only $262 per Square Foot and $261,364 per Unit
- Spacious Floorplans – 21,935 Square Feet Spread Over 22 Units
- Excellent Unit Mix – Mostly Two- and Three-Bedroom Units
- Available for Sale for First Time in 47 Years
- Significant Rent Upside – Opportunity to Improve Rents Approximately 35% in Addition to Potential RUBS Implementation
Property Facts
| No. Units | 22 | Building Size | 21,935 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Lot Size | 0.62 AC | ||
| Zoning | LAR3 | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 21,935 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $1,359 | 700 |
| 2+2 | 11 | $1,655 | 1,050 |
| 3+2 | 2 | $2,140 | 1,400 |
Property Taxes
| Parcel Number | 2347-006-016 | Improvements Assessment | $1,352,520 |
| Land Assessment | $3,468,000 | Total Assessment | $4,820,520 |
Property Taxes
Parcel Number
2347-006-016
Land Assessment
$3,468,000
Improvements Assessment
$1,352,520
Total Assessment
$4,820,520
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