Skip To Content

5309 Whitsett Avenue , #3

Valley Village, CA 91607
  • $2,850,000
  • STATUS: Closed
  • ON SITE: 192 Days
  • ID#: OC25193787
Sold - 12/03/2025
$2,850,000
SOLD - 12/03/2025
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Listing Agent(s): David Welp of David Welp, Broker (714-335-6175)


Description

This is a great opportunity to own 2 apartment buildings side by side (5309 and 5315 Whitsett Ave). These 2 buildings will be sold together and not individually. Each building has space to the rear to possibly add 6 additional units behind each building (12 more units total). 5309 has covered parking and a swimming pool to the rear and 5315 has covered parking and an open lot to the rear of it. Currently 5 of the units have been remodeled. One unit is currently vacant (Remodeled), and will not be rented out until new owner takes over. This is a great opportunity to possibly expand and turn this highly desirable area into possibly a 24 unit complex.

Sold by David Welp of David Welp, Broker.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T22:28:17.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pinnacle Real Estate Group. Licensed in the State of California, USA.
www.searchforhomesinca.com/homes/167417376
Print Image

5309 Whitsett Avenue , #3 Valley Village, CA 91607

  • Price: $3,300,000
  • Status: Closed
  • On Site: 192 Days
  • Updated: 52 min ago
  • ID#: OC25193787
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1953
Built
Neighborhood:
VVL - Valley Village
County:
Los Angeles
Area:
VVL - Valley Village
Property Description
This is a great opportunity to own 2 apartment buildings side by side (5309 and 5315 Whitsett Ave). These 2 buildings will be sold together and not individually. Each building has space to the rear to possibly add 6 additional units behind each building (12 more units total). 5309 has covered parking and a swimming pool to the rear and 5315 has covered parking and an open lot to the rear of it. Currently 5 of the units have been remodeled. One unit is currently vacant (Remodeled), and will not be rented out until new owner takes over. This is a great opportunity to possibly expand and turn this highly desirable area into possibly a 24 unit complex.
Exterior Features

Carport Spaces 12 Carport YN Yes Entry Level 1 Lot Features 11-15 Units/AcreSprinklers In Front Open Parking Spaces 0 Parking Total 12 Roof Asbestos Shingle Sign On Property YN No

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes

Property Features

Additional Parcels YN Yes Buyer Financing Cash Cap Rate 42 Common Interest Community Apartment Electric Expense 3036 Gross Scheduled Income 247033 Insurance Expense 12075 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 28053 Net Operating Income 140482 Number Of Units Leased 11 Operating Expense 106551 Property Sub Type Multi Family Special Listing Conditions Trust Supplies Expense 11 Tax Annual Amount 1530 Tax Year 2025 Trash Expense 7384 Utilities Electricity Connected Vacancy Allowance Rate 5 Water Sewer Expense 7251 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T22:28:17.09. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pinnacle Real Estate Group. Licensed in the State of California, USA.
 
Logo
Pinnacle Real Estate Group
17870 Castleton St. #100
City of Industry CA, 91748
Listing Agent(s): David Welp of David Welp, Broker (714-335-6175)