5238 Hermitage Ave, Valley Village, CA, 91607
About This Home
Outstanding Investment OPPORTUNITY!! 5238 Hermitage is a Multi-Family Triplex located in the highly desirable Valley Village Community. The property consists of (3) one bedroom, one bath units, each having use of a detached (3) car garage. This quaint property was built in 1951 and has a lot size of approximately 8,197 square feet with a total rentable space of 1,885. The site is level and the development potential is great. Options may be available to improve the property or re-develop the site, with a significant density boost. Buyer to verify all City, State Codes and Programs available for re-development. The Valley Village community is an area that is rich in culture and traditions and is located with easy access to public transportation, metro link, and a variety of shopping centers, churches, schools and restaurants. This property and the surrounding area features established small to multi-family projects, which are close to the 101, 170 and 134 Freeways. Don't miss out on this exceptional opportunity!! Property is being sold in it's current 'As Is" condition without any repairs or relocation of tenants. Buyer to do their own due dilligence.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subType: Triplex
Interior
Appliances
- Laundry features: None
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- Cooling features: Central Air
Features
- All Bedrooms Down
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total interior livable area: 1,885 sqft
Property
Details
- Parcel number: 2347023004
- Attached to another structure: Yes
- Special condition: Standard,Trust
Features
- Levels: One
- Stories: 1
- Entry location: Side
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 8,197 sqft
- Features: 0-1 Unit/Acre,Sprinklers Manual
Parking
- Total spaces: 3
- Parking features: Door-Multi,Direct Access,Door-Single,Garage,Paved,Shared Driveway
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,699 | $80,388 |
| Home Insurance * | $228 | $2,736 |
| Property Taxes | $1,327 | $15,924 |
| Electricity | $404 | $4,850 |
| Total | $8,658 | $103,896 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Price change | $1,425,000 |
| 2026-04-01 | Listed for sale | $1,500,000 |
| 2026-03-25 | Listing removed | $1,500,000 |
| 2025-06-23 | Listed for sale | $1,500,000 |
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