Active

12325 Riverside Drive

Valley Village, CA 91607
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Bed 8

Bed

Bath 0

Bath

SqFt5,703

Sqft

SqFt6,247

Sqft(Lot)

PRICE IMPROVEMENT!!! This 7-unit apartment building presents an outstanding opportunity to acquire a well-located multifamily asset in the highly desirable Valley Village submarket. Ideally situated between Coldwater Canyon Boulevard and Laurel Canyon Boulevard, the property offers convenient access to many of the San Fernando Valley's most vibrant neighborhoods and employment centers. Tenants are just minutes from the dining, shopping, and entertainment options along Ventura Boulevard, as well as the popular destinations in Studio City and the thriving arts and entertainment scene of the NoHo Arts District. The property features a desirable unit mix of six 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, appealing to a broad tenant base seeking quality housing in a centrally located neighborhood. Tenant amenities including beautiful hardwood flooring, wall air conditioning units, on-site laundry facilities, and dedicated parking. The property offers strong rental upside, with several units currently rented at below-market rates, providing a clear path for future income growth. With continued demand for rental housing in Valley Village and the property's prime location near major retail, dining, and entertainment corridors, investors have the opportunity to capture significant rent appreciation over time. The offering represents a terrific opportunity for an investor to acquire a well-located apartment building in one of the Valley's most sought-after neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,695,000

AD Id : 76167449

MLS Id : 26665093

Beds : 8

Lot Size : 6,247 Sqft

Living Area Size : 5,703

Year Built : 1957

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 7 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1957 Building Area Total: 5,703

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1434
  • Lot Size Source: Assessor Lot Size Square Feet: 6247

  • Listing Price Information

    Original List Price: 1,695,000 Listing Contract Date: 2026-03-16
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2356030018

  • Garage and Parking

    Garage Description: Covered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: VVL - Valley Village Postal Code Plus 4: 3634 Directions: On Riverside, Between Laurel Canyon and Coldwater Canyon Zoning: LAR3 Source Property Type: Residential Income Area: VVL - Valley Village
  • Building and Construction

    Property Age: 69 Year Built Source: Assessor Total Square Feet Living: 5703 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5518 Carpenter Avenue, Valley Village, CA, 91607 $1,549,000 3 2 1,681 1,681 SqFt
11710 Hartsook Street, Valley Village, CA, 91607 $1,145,000 2 1 1,325 1,325 SqFt
11710 Hartsook Street, Valley Village, CA, 91607 $1,145,000 2 -- 1,325 1,325 SqFt
11729 Hartsook Street, Valley Village, CA, 91607 $2,999,999 4 4 3,838 3,838 SqFt
5708 Gentry Avenue, Valley Village, CA, 91607 $4,999,999 6 4 6,951 6,951 SqFt
11903 Burbank Boulevard, Valley Village, CA, 91607 $1,925,000 4 -- 1,720 1,720 SqFt
5438 Radford Avenue, Valley Village, CA, 91607 $1,195,000 3 1 1,732 1,732 SqFt
12005 Miranda, Valley Village, CA, 91607 $1,495,000 3 2 1,847 1,847 SqFt
11746 La Maida Street, Valley Village, CA, 91607 $3,895,000 5 5 4,983 4,983 SqFt
5439 Gentry Avenue, Valley Village, CA, 91607 $2,849,000 7 5 4,984 4,984 SqFt

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ByOwner last updated this listing 06/20/2026 @ 15:46

MLS: 26665093 LISTED BY: Gary Fox, Miller & Desatnik Realty Co. 310-202-9166 SOURCE: CRMLS

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