5238 Hermitage Avenue

Valley Village, CA 91607

$1,650,000
Price
1
Beds
1,885 Sq. Ft.
$875 / Sq. Ft.
1,885
Sq. Ft.
$875
per Sq. Ft.

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,...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.
  1. Listed by MELISSA ROSE • DRE #01816116 • Brokerage DRE #01816116 • MELISSA KAYE ROSE, BROKER • 760-880-3114

Property Details for 5238 Hermitage Avenue

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1885
Assessor Parcel Number
2347-023-004
Property Attached YN
true

Location

Listing Courtesy of MELISSA KAYE ROSE, BROKER, MELISSA ROSE, DRE #01816116
Add your commute
LISTING UPDATED: 03/04/2024 06:01 AM

Property Details for 5238 Hermitage Avenue

StatusActive
MLS #EV24034242
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.19 AC / 8,197 SF
CountyLos Angeles County

Location

Listing Courtesy of MELISSA KAYE ROSE, BROKER, MELISSA ROSE, DRE #01816116
Add your commute

Building Information for 5238 Hermitage Avenue

Stories1Residences-Year Built1951Building Size-Lot Size0.19 AC / 8,197 SF

Payment Calculator

$9,988 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$983

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5238 Hermitage Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 9237
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 42
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Side
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Sprinklers Manual
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Unknown
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car, Garage - 2 Car
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Single Door, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $33,936
  • Unit Type Total Rent: $33,936
  • Unit Type Pro Forma: 33936
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 5238 Hermitage Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5238 Hermitage Avenue

Taxable ValueLand$568,000Additions$378,000Total$946,000
Tax Record2023$11,800 ($983 / month)
Home Facts
Total Finished SqFt1,885 SqFtAbove Grade Finished SqFt1,885 SqFtLot Size8,197 SqFtStyleTriplexYear Built1951ZoningLAR3CountyLOS ANGELESAPN2347-023-004

Schools near 5238 Hermitage Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Burbank Boulevard Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Amelia Earhart Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5238 Hermitage Avenue is a multi-family home for sale in Valley Village, CA 91607. This property was listed for sale on February 18, 2024 by MELISSA KAYE ROSE, BROKER, it's currently listed at $1,650,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Burbank Boulevard Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 5238 Hermitage Avenue is a 1-bed, 0-bath, 1,885 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MELISSA KAYE ROSE, BROKER, MELISSA ROSE, DRE #01816116

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.