Multifamily
5418 Hermitage Ave
5418 Hermitage Ave, Valley Village, CA 91607
Listing Price: $2,050,000
Investment Overview
5418 Hermitage Avenue is a well-positioned 7-unit multifamily property in the desirable Valley Village neighborhood of Los Angeles, CA. Built in 1985, this property is exempt from the Los Angeles City Rent Stabilization Ordinance (RSO), providing flexibility for investors to adjust rental rates in alignment with market demand. The unit mix consists of one 2-bedroom/2-bathroom unit, five 1-bedroom/1- bathroom units, and one studio, catering to a diverse tenant base including young professionals, small families, and individuals seeking proximity to urban amenities.
Exclusively Listed By
Financing By
Listing Price: $2,050,000
Investment Highlights
- Built 1985- not subject to LA City RSO. Subject to CA State Rent Control (1482)
- Well Maintained with Upside Potential
- Strong Valley Village Location
Investment Overview
5418 Hermitage Avenue is a well-positioned 7-unit multifamily property in the desirable Valley Village neighborhood of Los Angeles, CA. Built in 1985, this property is exempt from the Los Angeles City Rent Stabilization Ordinance (RSO), providing flexibility for investors to adjust rental rates in alignment with market demand. The unit mix consists of one 2-bedroom/2-bathroom unit, five 1-bedroom/1- bathroom units, and one studio, catering to a diverse tenant base including young professionals, small families, and individuals seeking proximity to urban amenities.
Exclusively Listed By
Financing By
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