Recently Listed Open House 4/4 12pm - 4pm
5233 Lemp Avenue
Valley Village, CA, 91601 $ 1,389,983
Baths1.0 Sq 1,573 Monthly Estimate*
$ 8,558
Listed by Brad Korb Real Estate Group
Studio for $1,389,983 with 1 full bath. This 1,573 square foot home was built in 1936 on a lot size of 0.1561.
Set on a generous 6,800 square foot lot, this charming California Traditional property offers a rare blend of comfort, functionality, and location, positioned immediately adjacent to the highly regarded Oakwood School. The thoughtfully landscaped grounds feature drip and sprinkler irrigation, ambient landscape lighting, and a serene in-ground hot tub spa with lighting, perfect for relaxing evenings. A plum tree enhances the backyard, while practical upgrades such as a water softener add to the home’s everyday livability. The main residence spans approximately 1,275 square feet and includes two bedrooms and two bathrooms. Interior highlights include a formal entryway, a dedicated dining room, and a welcoming living room centered around a wood-burning fireplace, which is already plumbed for gas. The kitchen comes fully equipped, featuring a brand-new 36-inch refrigerator, and both the washer and gas dryer are included. Bedrooms have dual-pane glass for added comfort. The home also offers permitted extra parking in front and is serviced by a new HVAC system. Complementing the main house is a versatile 298 square foot ADU, complete with a 3/4 bathroom with a certificate of occupancy 3/28/18 (non-rent controlled). This private space features French doors, a two-burner gas stove, tankless water heater, gas heater, and durable luxury vinyl plank flooring. The ADU is internet-ready with Spectrum service and includes a separate electric submeter (owner-monitored), while gas and electricity are shared with the main house. This unique property presents an exceptional opportunity to enjoy classic California living with added flexibility, security, and income or guest potential.
See more
Open House
4/4/2026 12:00 PM - 4:00 PM
4/5/2026 1:00 PM - 4:00 PM
5233 Lemp Avenue Valley Village, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Appliances Dishwasher Gas Oven Refrigerator
Garage Spaces 0
Pool Features None
Year Built 1936
Property Subtype Duplex
Gross Income 81600
Community Features Street Lights
County Los Angeles
Net Operating Income 55755
Operating Expense 25845
Insurance Expense 3100
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard Trust
Status Active
Directions Magnolia / Irvine
City Valley Village
Entry Location living room
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 2
MLS Area VVL - Valley Village
Lot Size Units Square Feet
Lot Size Square Feet 6800
Listing Terms Cash to New Loan
Spa Features Private
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 5400
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.tourfactory.com/idxr3239098
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Duplex
Taxes 17345
Cap Rate 4
See more
InteriorTotal Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Laundry Room
Entry Level 1
See more
ExteriorLot Features Back Yard Front Yard
Water Source Public
Total Parking 4
Lot Size Area 6800
Number of Buildings 2
Spa true
Building Area Total 1573
Lot Size Acres 0.1561
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
See more
* Excluded FeaturesList ByBrad Korb Real Estate GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,558
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Valley Village, CA
Average List Price $2,650,090
Percent of Sale Price 91%
About Valley Village, CA 30,228 Population
7% Since 2002
$ 57,870 Median Income
40.27 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/3/2026 | $1,389,983 | | Listed Price |