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5223 Corteen Place, Valley Village, CA 91607

Valley Village
Local realty services provided by:CENTURY 21 Village Realty
5223 Corteen Place,Valley Village, CA 91607
$2,725,000
  • 18 Beds
  • 16 Baths
  • 11,202 sq. ft.
  • Multi-family
  • Active
Listed by: dana brody
Office: dana brody818-212-2757
MLS#:26661965
Source:CRMLS

Price summary

  • Price:$2,725,000
  • Price per sq. ft.:$243.26

About this home

Now offered at just 11.6x gross on in-place rents! Fully occupied with 2.76% assumable financing in place. 5223 Corteen Place presents a rare opportunity to acquire a premier 10-unit multifamily asset in the heart of Valley Village, offered alongside its sister property at 5227 Corteen (separately priced). Situated on an oversized 16,000+ SF R3-zoned lot, the property offers meaningful future upside with the potential to add up to 8 ADUs (Buyer to Verify), creating a clear path to increased density and long-term value creation. The asset features a highly desirable unit mix of primarily 2- and 3-bedroom units, catering to Valley Village's strong tenant base of professionals, families, and entertainment industry employees. Built in 1956, the property is 100% occupied, delivering immediate, stable income with additional upside through strategic renovations and operational improvements. The property benefits from excellent curb appeal, lush landscaping, a gated swimming pool, and ample...

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Home facts

  • Year built:1956
  • Listing ID #:26661965
  • Added:52 day(s) ago
  • Updated:May 01, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Living area:11,202 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Forced Air

Structure and exterior

  • Year built:1956
  • Building area:11,202 sq. ft.
  • Lot area:0.38 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,725,000
  • Price per sq. ft.:$243.26

Parking

  • Total parking spaces:10
  • Parking description:10 Carport Space(s), Carport
  • Carport spaces:10
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