$1,298,000
5312 Vantage Avenue is a 4-unit multifamily asset located in the highly desirable Valley Village submarket of Los Angeles. The property benefits from proximity to Lankershim Boulevard and Magnolia Boulevard, placing residents within immediate reach of a diverse mix of dining, retail, and entertainment options including Harvest Moon Cafe, Starbucks, Gelson's and NOHO West, as well as everyday retail such as Trader Joe's and Ralphs. The surrounding area is supported by major employment centers including Providence Health, Universal Studios, and Kaiser Permanente, which continue to drive strong and consistent rental demand. Constructed in 1953, the property consists of a 3,348 square foot building situated on a 0.17-acre lot. The asset features a unit mix of two two-bedroom units and two one-bed- room units, with functional layouts. The property offers a desirable parking configuration, including one garage space per unit along with additional uncovered parking spaces for the two-bedroom units. The electrical system has been upgraded to a 400-amp 5-gang meter with individual 60 amp sub-panels foreach unit, enhancing operational reliability and supporting future improvements. On-site laundry further contributes to tenant convenience and property functionality.
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Listed by Eliyahu Appel with Equity Union (818) 989-2000
Property Type
Residential Income
Status
Active
MLS Number
26822421
Year Built
1953
Lot Size
7,427 sq ft