$2,250,000
PENDING

Estimated payment $14,486/month

Total Views 173
16 Beds
12 Baths
10,860 Sq Ft
$207 Price per Sq Ft

Highlights

  • Detached Carport Space
  • North Hollywood Senior High School Rated A
  • Forced Air Heating System

About This Home

Offered for the first time in over 20 years, 5319 and 5325 Vantage is a family-owned, largely original asset presenting a true value-add opportunity. A new owner can unlock substantial upside through strategic upgrades to building systems, parking, the roof, and both unit interiors and exteriors revitalizing the property and enhancing the resident experience. With in-place rents trailing the market by approximately $786 per unit, and a loss-to-lease of roughly 39%, there is immediate potential to boost income through strategic renovations. All units are currently in classic condition, allowing a buyer to tailor improvements to today's renter preferences. Built in 1954, the property spans two lots for a combined 14,922 SF and consists of two adjacent 6-unit garden-style buildings totaling 10,860 gross SF with two (2) detached carport structures at the rear. The properties unit mix features eight (8) one-bedroom/one-bathroom units and four (4) two-bedroom/one-bathroom units. Additionally, the property features mature landscaping and underutilized common areas that offer an opportunity to enhance curb appeal and community spaces in this quiet, suburban pocket.

Listing Agent

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 14,922 Sq Ft Lot

Interior Spaces

  • 10,860 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • Detached Carport Space

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 2347-021-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 10860
  • Lot Acreage: 0.1713
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 207.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 12

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Percent: 42.87
  • Assessed Improvement Value: 446280
  • Assessed Land Percent: 57.13
  • Assessed Land Value: 594735
  • Total Assessed Value: 1041015
  • Assessor Parcel Number: 2347-021-007
  • Lot Size Area: 14922

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.58
  • Number Of Units: 12
  • Total Annual Expense: 78219
  • Type Of Units: income
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: no

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $2,250,000 -- $207 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25567435

The MLS