5227 Corteen Place, Valley Village, CA 91607

  • $3,600,000
5227 Corteen Place, Valley Village, CA 91607
Active
5227 Corteen Place, Valley Village, CA 91607
5227 Corteen Place, Valley Village, CA 91607
  • $3,600,000

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.

  • Address 5227 Corteen Place
  • City Valley Village
  • State/county CA
  • Zip/Postal Code 91607
  • Country US

Details

Updated on March 12, 2026 at 5:44 pm
  • Property ID: 26661999
  • Price: $3,600,000
  • Property Size: 11202 Sqft
  • Land Area: 0.3713 Acres
  • Bedrooms: 18
  • Bathrooms: 16
  • Garage Size: x x
  • Year Built: 1956
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash
  • Cooling: Wall/Window Unit(s)
  • Heating: Forced Air
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Detached Carport

Features

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman