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Back 5142 Riverton Ave
Off Market

5142 Riverton Ave

Los Angeles CA 91601

14
12
0.15 ac.
Multi-Family
Last sold for $3,450,000
Elizabeth MaddoxElizabeth Maddox, last sold this property on 09 June 2022 after -2 days on market.

Overview

5142 Riverton Ave is a rare, non-rent controlled new construction fourplex in prime Toluca Lake Adj. that is ready to close ASAP: a dream come true for 1031 exchange buyers! This sleek, easy to manage fourplex is made up of two tri-level duplexes containing a premium unit mix of two 4 bedroom, 3 bathroom units and two 3 bedroom, 3 bathroom units. The rear units will come equipped with fully enclosed, private yards, a feature that draws a major premium! Additionally, the property boasts an unheard of 10 PARKING spaces- 6 of which are in private 2-car garages (a major bonus for renters). We project an exceptional cap rate of 4.7%, which is hard to come by in this A+ location near celebrity-studded Toluca Lake. Other notable perks include: stainless steel kitchen appliances, a huge front yard, upscale modern kitchens, high quality finishes, extremely spacious floorplans, separate meters for gas, water & electric, a 1-year builders warranty, little to no maintenance, and extreme desirability amongst renters. A trophy property in an unbeatable location with a huge return that is a true recipe for success! With SB-8 in effect, we expect less fourplexes will be built, making properties like this an even more rare and hot commodity. Now is the time to add one of these amazing properties to your portfolio before theyre all gone!

Features

14 bedrooms
12 bathrooms
0.15 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 14 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 5142 Riverton Ave

2024
Rented
Undisclosed
21 May 2024 by The 2-4 Unit Specialists
2023
Rented
Undisclosed
18 Oct 2023 by The 2-4 Unit Specialists
2022
Rented
Undisclosed
17 Aug 2022 by The 2-4 Unit Specialists

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 14 bedroom multi families in Los Angeles

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

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Pascual Salazar

Pascual Salazar is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.9   (154 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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Karen Medved

Sellers who recommend Karen Medved have praised them for being local expert, clear communication, supportive, detail-oriented, trustworthy, well-prepared, and great negotiation

  •   5   (20 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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Amy Oganyan

Sellers who recommend Amy Oganyan have praised them for being local expert, clear communication, dedicated, empathetic, supportive, great negotiation, and responsive

  •   5   (124 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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Richard Danelian

Richard Danelian is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (10 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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