Valley Village, CA 91607
$3,200,000
Mark Quesada
Broker / Owner
DRE #02101365
5329-5333 Agnes Avenue offers investors the opportunity to acquire a 16-unit multifamily property in prime Valley Village. The unit mix includes (2) 2-bedroom, 1.5-bath townhomes, (8) 2-bedroom, 2-bath units, and (6) studio units, providing a range of floor plans for prospective tenants. Offered at $3,200,000, the property is priced at $200,000 per unit and approximately $267 per square foot. At the asking price, it offers a 5.66% going-in cap rate and a 10.85 GRM, with approximately 43% upside in rents. The gap between current and market rents presents an opportunity to increase rental income over time.The property comprises 2 separate APNs and may offer potential for additional ADUs, subject to buyer verification. Its location in prime Valley Village places residents near dining and entertainment options in a walkable neighborhood. The combination of in-place income, rental upside, and potential for additional units makes 5329-5333 Agnes Avenue a compelling multifamily investment opportunity.
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$23,617/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by David Saghian, Lyon Stahl Investment Real Estate, Inc.
Co-listed by Michael Monempour, Lyon Stahl Investment Real Estate, Inc.
MLS# 26993229 · Active
History reflects records reported to the MLS and may be incomplete.