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5227 Corteen Place, Valley Village, CA 91607

Valley Village
Local realty services provided by:CENTURY 21 Allstars
5227 Corteen Place,Valley Village, CA 91607
$2,725,000
  • 18 Beds
  • 16 Baths
  • 11,202 sq. ft.
  • Multi-family
  • Pending
Listed by: dana brody
Office: dana brody818-212-2757
MLS#:26661999
Source:CRMLS

Price summary

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

About this home

Now offered at just 10.7x gross on in-place rents! Fully occupied with 2.76% assumable financing in place. 5227 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 5223 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 #:26661999
  • Added:143 day(s) ago
  • Updated:July 31, 2026 at 08:46 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:16
  • Kitchen Description:Refrigerator
  • 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:0.37 Acres
  • Levels:2 Story

Finances and disclosures

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

Parking

  • Total parking spaces:10
  • Parking description:Detached Carport
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

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