Offered for the first time in over 20 years, 5319 and 5325 Vantage is a family-owned, largely original asset presenting a true value-add opportunity. A new owner can unlock substantial upside through strategic upgrades to building systems, parking, the roof, and both unit interiors and exteriors revitalizing the property and… Read More enhancing the resident experience. With in-place rents trailing the market by approximately $786 per unit, and a loss-to-lease of roughly 39%, there is immediate potential to boost income through strategic renovations. All units are currently in classic condition, allowing a buyer to tailor improvements to today's renter preferences. Built in 1954, the property spans two lots for a combined 14,922 SF and consists of two adjacent 6-unit garden-style buildings totaling 10,860 gross SF with two (2) detached carport structures at the rear. The properties unit mix features eight (8) one-bedroom/one-bathroom units and four (4) two-bedroom/one-bathroom units. Additionally, the property features mature landscaping and underutilized common areas that offer an opportunity to enhance curb appeal and community spaces in this quiet, suburban pocket. Read Less
Courtesy of NorthMarq Realty Services, Inc. 949-717-5200
Listing Snapshot
Days Online
29
Last Updated
Property Type
Other
Beds
16
Square Ft.
10,860
Lot Size
0.34 Acres
Year Built
1954
MLS Number
25567435
30 Days Snapshot Of 91607
$1.50M
+32%
(avg) sold price
4
+33%
homes sold
57
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
10,860 sq ft, Built in 1954, Levels: Two
Cooling
Wall Unit(s)
Disclosures
None
Garage
Carport Detached
Heating
Forced Air
Lot
LotAcreage: 0.1713, LotSizeArea: 14,922
Parking
TotalParking: 12
Property
NumberOfUnits: 12, Zoning: LAR3
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