PLEASE DO NOT DISTURB TENANTS. This prime property offers significant potential for builders or owner-occupants seeking to capitalize on its versatile design and location. Positioned on a prominent corner lot with alley access, the property is zoned LAR3 and offers the possibility for future development, potentially accommodating up to 10+ units (buyer to verify with the city). Spanning approximately 8,199 square feet, this lot presents a rare opportunity for expansion. Currently, the property consists of three well-maintained units. Two of them are 2-bedroom, 1-bathroom units. The other unit has 1-bedroom, 1-bath. Each of the units feature private garden spaces. The units are leased at $3,114, $2,385, and $1,575, with tenants on month-to-month leases. Two of the units have been recently updated, while one unit is occupied by a long-term tenant at below-market rent. Additionally, the property includes a 3-car garage with significant potential for conversion into an ADU (Accessory Dwelling Unit). The two car garage space has a workshop plus additional laundry hook ups and is currently rented for $400/month as storage. The shared laundry room brings in an additional $80/month.
MLS #
CRGD25056806
MLS Source
California Regional MLS
Laundry
Community Facility
Heating
Floor Furnace
Pool
None
Garage/Parking
Garage: 3 Car(s)
Listing Agent
Natalia Cerpa
Markarian Realty
License #: 01742526
Phone: –
Co-Listing Agent
Vartan Markarian
Markarian Realty
License #: 01059771
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 3 | 3 |
5547 Vantage Ave is a Triplex in Valley Village, CA 91607. This – square foot property sits on a 8,201 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1948.
This address can also be written as 5547 Vantage Ave, Valley Village, CA 91607.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 03, 2025. For the most current information, please contact Natalia Cerpa