Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

16

Building size

11,972 sqft

Lot size

13,004 sqft

Year built

1965

Stories

2

Status

Active

Days on market

25

MLS #

247481747

About this property

5329-5333 Agnes Avenue offers investors the opportunity to acquire a 16-unit multifamily property in prime Valley Village. The unit mix includes (2) 2-bedroom, 1.5-bath townhomes, (8) 2-bedroom, 2-bath units, and (6) studio units, providing a range of floor plans for prospective tenants. Offered at $3,100,000, the property is priced at $193,750 per unit and approximately $259 per square foot. At the asking price, it offers a 6.03% going-in cap rate and a 10.34 GRM, with approximately 42% upside in rents. The gap between current and market rents presents an opportunity to increase rental income over time.The property comprises 2 separate APNs and may offer potential for additional ADUs, subject to buyer verification. Its location in prime Valley Village places residents near dining and entertainment options in a walkable neighborhood. The combination of in-place income, rental upside, and potential for additional units makes 5329-5333 Agnes Avenue a compelling multifamily investment opportunity.

Location

5329 Agnes Avenue

Valley Village, Los Angeles, CA, 91607