New

$3,600,000

For Sale

4 days ago

5227 Corteen Pl, Valley Village, CA

Name: 5227 Corteen Pl, For Sale in Valley Village - eXp Realty
Brand: Dana Brody
SKU: 26661999
Price: 3600000 USD

MLS® 26661999

18 Bed

16 Bath

11202 sqft

10 Parking

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 11202 sqft

Garage No

HOA Fees

Taxes

Days Active 3

Approx. Age 1956

Avg. Price Per Sqft $321

MLS® Number 26661999

Property Address: 5227 Corteen Pl, Valley Village, CA, 91607-2588

Average square foot calculated using Size range provided by listing agent.

Description

We are very pleased to present The Sunset Legacy Collection, an exceptional six-property multi-family portfolio totaling 64 units located across some of Los Angeles' most sought-after rental markets including West Hollywood, Hollywood, Pico/Robertson, and Valley Village. Included in the Sunset Legacy Collection is 5227 Corteen Place, a beautifully maintained 10-unit multi-family property in prime Valley Village, being sold with its sister property 5223 Corteen Place, also a 10-unit multi-family asset that share a beautifully landscaped courtyard, as well as ample parking in the rear and a swimming pool. Both buildings, which sit on a combined .75 acres of land, boast an excellent mix of 1, 2 and 3-bedroom units. This rare multi-family offering features 2.76% interest-only assumable financing fixed through 2030, providing strong day-one leveraged cash flow and an approximate cash-on-cash return above 5.7%. Recent property improvements to both 5223 & 5227 Corteen Place include horizontal repiping and all new windows. This rare portfolio offers investors the opportunity to acquire well-maintained apartment assets in premier infill locations with the benefit of extremely attractive assumable financing, including loans with sub-3% interest-only rates and sub-4% long-term fixed financing, creating a highly favorable debt structure that is virtually impossible to replicate in today's interest rate environment.Strategically positioned near some of Los Angeles' most iconic corridors including Sunset Boulevard, Melrose Avenue, and Beverly Boulevard, the properties benefit from exceptional proximity to the region's premier retail, dining, nightlife, and employment centers. Residents enjoy walkable access to renowned destinations such as Melrose Place, Sunset Strip hospitality and entertainment venues, and the high-end retail and restaurant scene surrounding Beverly Hills and West Hollywood. Additional assets in Valley Village provide exposure to the San Fernando Valley's thriving studio and entertainment employment hubs, while the Pico/Robertson location offers immediate access to Beverly Hills and Century City.The buildings feature a strong mix of one- and two-bedroom units, attractive layouts, and desirable neighborhood settings that continue to drive consistent rental demand from professionals working in media, entertainment, technology, and hospitality sectors throughout Los Angeles.The Sunset Legacy Collection represents a rare portfolio acquisition opportunity, offering scale in premier Los Angeles submarkets combined with exceptionally favorable assumable financing and long-term investment stability. The portfolio is ideally suited for a high-net-worth investor or family office seeking high-quality multi-family assets in irreplaceable locations with strong long-term rental demand.

MLS® Number26661999

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1956

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 9, 2026List Date

$3,600,000List Price

Commute

Commute

Starting Address

Destination Address

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