TruLine Real Estate

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$3,600,000
8 Days On Site

5227 Corteen Place
Valley Village, CA 91607

For Sale|Residential Income|Active
18
Beds
16
Total Baths
11,202
SqFt
$321
/SqFt
1956
Built
County:
Los Angeles
Listed by Dana Brody of Dana Brody dana.brody@marcusmillichap.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
5227 Corteen Place5227 Corteen Place5227 Corteen Place5227 Corteen Place
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Mortgage Calculator

Monthly Payment (Est.)

$16,425
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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. For sophisticated investors seeking to acquire one or more of these trophy assets, 5223 & 5227 Corteen Place can be purchased individually or as part of the Sunset Legacy Collection.

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Listing Snapshot
Price 
$3,600,000
Days On Site 
8 Days
Bedrooms 
18
Inside Area (SqFt) 
11,202 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3713 Acres
Year Built 
1956
MLS® Number 
26661999
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.3713
Direction Faces 
East
Levels 
Two
Number Of Stories 
2
Parking 
Detached Carport
Parking Spaces 
10
Special Circumstances 
Standard
SqFt Total 
11202
Zoning 
LAR3
Interior Features
Appliances 
Refrigerator
Cooling 
Wall/Window Unit(s)
Heating 
Forced Air
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Community Features
Financing Terms Available 
Cash
MLS Area 
VVL - Valley Village


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Save
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Tour
Hide
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$3,600,000
8 Days On Site

5227 Corteen Place
Valley Village, CA 91607

For Sale|Residential Income|Active
18
Beds
16
Total Baths
11,202
SqFt
$321
/SqFt
1956
Built
County:
Los Angeles
Listed by Dana Brody of Dana Brody dana.brody@marcusmillichap.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
5227 Corteen Place5227 Corteen Place5227 Corteen Place5227 Corteen Place
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$16,425
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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. For sophisticated investors seeking to acquire one or more of these trophy assets, 5223 & 5227 Corteen Place can be purchased individually or as part of the Sunset Legacy Collection.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,600,000
Days On Site 
8 Days
Bedrooms 
18
Inside Area (SqFt) 
11,202 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3713 Acres
Year Built 
1956
MLS® Number 
26661999
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.3713
Direction Faces 
East
Levels 
Two
Number Of Stories 
2
Parking 
Detached Carport
Parking Spaces 
10
Special Circumstances 
Standard
SqFt Total 
11202
Zoning 
LAR3
Interior Features
Appliances 
Refrigerator
Cooling 
Wall/Window Unit(s)
Heating 
Forced Air
Save
Ask
Tour
Hide
Share
Community Features
Financing Terms Available 
Cash
MLS Area 
VVL - Valley Village


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share
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