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18-Unit Apartment Building

5510 Corteen Pl, Los Angeles, CA 91607

For Sale
$4,750,000

Eleven residences have been renovated, and the property includes a pool, gated access, and shared laundry facilities.

Property Size16,022 SF
Lot Size0.52 Acres
Price / SF$296.47
Days on Market56

Property Features for 5510 Corteen Pl

General Information

Standard status Active
Size 16,022 SF
Lot size 0.52 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Valley Village

Additional Details

Multifamily Units 18

Amenities

on-site storage room
laundry room
pool cabana
gated entry
balconies
walk-in closets

Building Details

Building Size 16,022 SF
Year Built 1961
Listing Agency: Marcus & Millichap
Listed By: Jeanette Monfared · License #00765098
Source: Highend-estates
Added: Sep 14 Changed: Nov 8 Last Checked: Nov 7 at 7:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

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Investment Insights

Based on property information with market context.

Built in 1961, this Los Angeles apartment property contains 18 units across 16,022 square feet. Eleven units, or 60% of the total, have been remodeled. Building improvements include new electrical panels, windows, exterior paint, copper plumbing, a water heater, and a recirculating pump. The grounds also include a pool, cabana, and a large storage room; shared laundry is on site. Second-floor units have balconies, and the property has gated entry.

The property is on Corteen Place in the Valley Village area. Its lot measures 22,507 square feet. The pool equipment includes a new pump and filter, and the building has completed a seismic retrofit.

Key Highlights

  • 18 apartments in a 16,022‑square‑foot building
  • 22,507‑square‑foot lot in Valley Village, Los Angeles
  • 11 units remodeled, representing 60% of the unit count

Property Analytics

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

1,724
Businesses Nearby

Demographics for 91607, CA

30,502
Population
14,597
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
12,201
Density / Sq Mi
$84,925
Median Household Income
$50,970
Median Earnings
$1,998
Median Rent
$1,019,300
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Eleven residences have been renovated, and the property includes a pool, gated access, and shared laundry facilities.
Where is this apartment building located?
The property is located at 5510 Corteen Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 18 apartments in a 16,022‑square‑foot building; 22,507‑square‑foot lot in Valley Village, Los Angeles; 11 units remodeled, representing 60% of the unit count
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