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5547 Vantage Avenue

Valley Village, CA 91607

– beds
– baths
– sqft
8,201 sqft lot
1948 build
– on site

PLEASE DO NOT DISTURB TENANTS. This prime property offers significant potential for builders or owner-occupants seeking to capitalize on its versatile design and location. Positioned on a prominent corner lot with alley access, the property is zoned LAR3 and offers the possibility for future development, potentially accommodating up to 10+ units (buyer to verify with the city). Spanning approximately 8,199 square feet, this lot presents a rare opportunity for expansion. Currently, the property consists of three well-maintained units. Two of them are 2-bedroom, 1-bathroom units. The other unit has 1-bedroom, 1-bath. Each of the units feature private garden spaces. The units are leased at $3,114, $2,385, and $1,575, with tenants on month-to-month leases. Two of the units have been recently updated, while one unit is occupied by a long-term tenant at below-market rent. Additionally, the property includes a 3-car garage with significant potential for conversion into an ADU (Accessory Dwelling Unit). The two car garage space has a workshop plus additional laundry hook ups and is currently rented for $400/month as storage. The shared laundry room brings in an additional $80/month.

Listed By CRMLS_CA / Vartan Markarian / Markarian Realty / MarkarianRealty@gmail.com

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# GD25056806 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1948
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

2750.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

1
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Levels:

One
Entry Location:

Each unit has own gated yard entrance.
Laundry:

Community
Laundry:

1

Location

Directions:

West on Burbank Blvd., Left on Vantage
Latitude:

34.17179900
Longitude:

-118.39836300

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LAR3
Lot Features:

Corner Lot, Value In Land
Lot Size Area:

8201.0000
Lot Size Acres:

0.1883
Lot Size SqFt:

8201.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1249.02
Tax Tract:

13319
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2347012001

Heating & Cooling

Heating:

1
Heating:

Floor Furnace

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

5.00
Garage Spaces:

3.00
Uncovered Spaces:

2.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/14/25 Mar 14, 2025	Listed / Active	CRMLS_CA	$1,349,999	13.0% (3.9% / YR)
2/24/25 Feb 24, 2025	Listed / Active	BRIDGE
11/17/21 Nov 17, 2021		CRMLS_CA	$1,195,000	-7.7%

Multifamily For Sale

$1,349,999

Listing provided by broker:

Vartan Markarian

Markarian Realty

MarkarianRealty@gmail.com

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This multifamily located in South Valley, Los Angeles, CA 91607 is currently for sale for $1,349,999. 5547 Vantage Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 5547 Vantage Avenue is in the South Valley neighborhood of Los Angeles and has a WalkScore® of 83, making it very walkable.

Listing Courtesy of: CRMLS_CA and Markarian Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 06:14 on Mar 15.

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. 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, 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.