12325 Riverside Drive, Valley Village, CA 91607
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12325 Riverside Drive, Valley Village, CA 91607
12325 Riverside Drive, Valley Village, CA 91607
12325 Riverside Drive, Valley Village, CA 91607
12325 Riverside Drive, Valley Village, CA 91607
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12325 Riverside Drive Valley Village, CA 91607

5,703 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,703 sqft

Price per Sqft $297

MLS Listing ID CL26665093

HOA Y/N No

Year Built 1957

Lot Size 6,247 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

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 significa

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 2356030018


Bridge MLS
Listed by Gary Fox • Miller & Desatnik Realty Co.

NEARBY SCHOOLS & PROPERTIES

Weldon Killion

Weldon Killion

Broker Associate | License ID: CA 00959395, ID AB59565

+1(209) 459-0163

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12325 Riverside Drive