$5,440,000
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5301 Corteen Place, Valley Village, CA 91607

23 Beds
23 Baths
16,082 Sq Ft

5301 Corteen Place is a gorgeous 18-unit apartment complex with (4) city approved ADU's that have yet to be built, totaling a potential for 22 units in Prime Valley Village. The (4) city approved ADU's are all 2-bedroom, 2-bath units and approximately 850sf in size. Once ADU's are built, the Subject Property will boast a 10.94 GRM and a 6.03% cap rate with 33% rental upside still remaining. The other 18 existing units are comprised of (13) 1+1,(4) 2+2, and (1) 2+1. Behind the secured and gated entrance of the building is a beautiful pool and landscaped garden area with patio furniture that the tenants enjoy. Many of the units are remodeled with very nice finishes, including but not limited to grey vinyl flooring and open kitchens with courts countertops. Many of the units have new A/C units and nice balconies that overlook the pool and courtyard area. No earthquake retrofit required. Please DO NOT DISTURB THE TENANTS! Thank you!

  • MLS# 23293745
  • Date Listed07/24/2023
  • Bedrooms 23
  • Bathrooms 23 baths
  • Lot Size 0.58 acres (25,465 sq. ft)
  • County Los Angeles
  • Year Built 1960
  • Square Feet 16,082 sq. ft
  • Price Per Sq. Ft $338.27

Interior Features

  • Cooling None
  • Heating Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.58
  • Lot Size SQFT 25,465.17
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 91607

Source: Walkscore

82/100

Very Walkable

Walk Score ®

48/100

Some Transit

Transit Score ®

78/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

7 nearby routes: 7 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 39/100, Bike Score: 48/100.

Points of Interest near 5301 Corteen Place, Valley Village, CA 91607

Frequently Asked Questions for 5301 Corteen Place

Source: Realty.com

5301 Corteen Place, Valley Village, CA 91607 is a Other, Residential Income property listed for $5,440,000 The property is 16082 sq. ft with 23 bedrooms and 23 bathrooms

Realty.com has 4 photos of 5301 Corteen Place.

Our records indicate that 5301 Corteen Place was built in 1960.

The full address for this home is 5301 Corteen Place, Valley Village, CA 91607.

5301 Corteen Place has been listed on Realty.com since Mon July 24, 2023

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 39/100, Bike Score: 48/100.

There are 3 schools assigned to this home. Check out the schools near 5301 Corteen Place. Burbank Boulevard Elementary School (Grades: PK - 5), Walter Reed Middle School (Grades: 6 - 8), North Hollywood Senior High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max One (tel: 931-520-7777)
Listing agent: Chase Simonton (tel: 310-383-5927) (#CLW-X85641)

This content last refreshed on 2025-12-06 08:33:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5301 Corteen Place, Valley Village, CA 91607 : MLS# 23293745