5314 Wilkinson Avenue, Valley Village, California 91607, Valley Village, 91607 - bed, bath
5314 Wilkinson Avenue
Valley Village, California 91607
Property Price
SUMMARY
Analysis of 5314 Wilkinson Avenue, Valley Village, California 91607 is currently available with a list price of $1,949,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Valley Village Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is explicitly described as being built in 2023, with individual units either newly built in 2024/2025 or fully renovated in 2023. The images confirm this, showcasing modern kitchens with new appliances (both stainless steel and white options), contemporary white cabinetry, sleek dark countertops, and recessed lighting. Bathrooms feature modern grey tile showers with glass enclosures, new vanities, and updated fixtures. Throughout the units, light wood-look laminate flooring is consistent, and mini-split AC units indicate modern cooling/heating systems. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Modern & Recently Updated Units
The property features three units, with one newly built in 2024, another renovated in 2023, and a third newly built in 2025, ensuring modern amenities and reduced immediate maintenance needs.
- Strong & Stable Rental Income
With a total monthly income of $9,600 and stable tenants, this property offers immediate and robust cash flow for investors.
- Turnkey Investment Opportunity
Marketed as a turnkey property with existing stable tenants, it provides a hassle-free investment for immediate income generation.
CONSRISKS & DEFICIENCIES
- Inconsistent Build/Renovation Dates
There is a discrepancy between the overall property's listed year built (2023) and the individual unit construction/renovation dates (2023, 2024, 2025), which requires clarification for accurate assessment.
- Recent Price Reduction
The property has undergone a recent price reduction from $1,995,000 to $1,949,000, which may indicate initial overpricing or slower market absorption.
- Absence of Detailed Operating Expenses
While gross income is provided, the lack of detailed operating expenses makes it challenging to calculate the true net cash flow and cap rate for investors.
About 5314 Wilkinson Avenue
Valley Village Income Property – $1,995,000 Exceptional investment opportunity in the heart of Valley Village, CA, featuring three beautifully finished residential units—each offering modern design, strong rental income, and excellent long-term appreciation potential. Property Overview: Offered at: $1,995,000 Total Units: 3 Total Monthly Income: $9,600 Annual Gross Income: $115,200 Unit Breakdown Unit 1: 3 Bedrooms | 2 Bathrooms Built in 2024 – Modern construction with contemporary finishes Rented for $4,250/month Unit 2: 2 Bedrooms | 2 Bathrooms Fully renovated in 2023 Rented for $3,150/month Unit 3: 1 Bedroom | 1 Bathroom Newly built in 2025 Rented for $2,200/month Highlights - Turnkey income property with stable tenants - All units feature updated systems, finishes, and appliances - Separate utility meters for efficiency - Prime Valley Village location close to major studios, shopping, and transportation - Ideal for investors seeking strong cash flow and future growth potential
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2023
- Lot Size
- 5,319 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Valley Village Unified Schools
Burbank Boulevard Elementary School
Grades K-5 • 0.4 mi
John B. Monlux Elementary School
Grades K-5 • 1.0 mi
Lankershim Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,700 | 3,163 | 50% |
| Lot Size | 5,319 | 6,564.5 | 50% |
| Price | $1.95M | $1.65M | 50% |
| Price per sq ft | $722 | $547 | 50% |
| Built year | 2023 | 1988 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 150 | 227 | 50% |
Pricing History
Listed for Sale
Nov 22, 2025
$1,949,000
$1,995,000
-2% Price Drop
Initial Listing
Price Change
Oct 7, 2025
$1,995,000
Initial Listing