BRC Advisors is proud to present 5311 Corteen Place, a 38-unit apartment building situated in the desirable Valley Village neighborhood of the San Fernando Valley. This well-maintained property features a diverse unit mix, including 1-bedroom, 2-bedroom, and 3-bedroom apartments, offering investors a stable, income-generating asset with significant upside potential.
The property will be delivered with 10 vacant units, creating immediate opportunities to increase rental income through lease-up and potential renovations. Conveniently located near major freeways (101 & 170), employment hubs such as Warner Bros. Studios and Universal Studios, and a variety of local amenities including shops, restaurants, and parks, the property boasts an ideal location for tenants.
Additionally, the required seismic retrofit work has been completed, ensuring compliance with Los Angeles’ latest earthquake safety standards and minimizing future capital expenditure risks (buyer to verify).
For more information or to schedule a tour, please contact us today.