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5227 Corteen PlaceValley Village, CA 91607

For Sale

$3,600,000

Smart Buyer Rebate $36,000

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.

Listed by Dana Brody

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License #01429001

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Dana Brody

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818-212-2757

Last updated March 12, 2026

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Source: CRMLS #26661999

Listing Facts

  • TypeMulti-family
  • NeighborhoodValley Village
  • Bedrooms18
  • Days on Prevu7
  • Size11,202 sqft
  • Price per sqft$321

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/09/2026
Listed by Dana Brody
$3,600,000

Property Details for 5227 Corteen Place

Exterior

Construction

  • Number Of Units Total: 10
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1956

Features

  • Direction Faces: East

Measurements

  • Building Area Total: 11,202
  • Lot Size Acres: 0.37
  • Lot Size Area: 16,174
  • Lot Size Dimensions: 31,153
  • Lot Size Square Feet: 16,174
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.7
  • Gross Income: $256,183.00

Taxes

  • Parcel Number: 2347028017

Interior

Features

  • Appliances: Refrigerator

Measurements

  • Living Area: 11,202
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 18

Parking

Parking

  • Carport: Yes
  • Parking Features: Detached Carport
  • Parking Total: 10

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 18 bedrooms in this multi-family home at 5227 Corteen Place.

Does this multi-family home have parking?

Yes, there are 10 parking spaces available for 5227 Corteen Place.

How does 5227 Corteen Place compare to other multi-family homes in Valley Village?

This multi-family home is listed 4% above the average price for multi-family homes in Valley Village and has been on the market for 52 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 11,202 sqft.

5227 Corteen Place is a 18-bedroom multi-family home for sale in Valley Village CA 91607. On Prevu for 7 days at $3,600,000. This residence features 11,202 square feet of living space, located in Valley Village. The median listing price for multi-family homes in this area is $1,372,500. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.