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12256 Riverside Dr
Valley Village, CA 91607 Valley Village

$1,695,000 USD

Apartments For Sale • 4,430 SF

Property Details

Property Type Apartments
Total Building Size 4,430 SF
Lot Size 0.16 AC
Building Class C
Year Built 1961
Cap Rate 4.91 %
Zoning LARD1.5

36 Transit Score

81 Walk Score

                
                    Highlights
                
                                5-unit property in prime Valley Village, built in 1961.Currently has one vacant unit (2+1).Desirable unit  mix of (1) 1+1, (2) 2+1, and (2) 3+2 units
                            
                                Separately metered for gas and electricity. Five covered parking spaces with tandem capability and potential for ADU conversion (buyer to verify)
                            
                                Modern amenities such as wireless gated entry, updated landscaping, path and security lighting, and a shared laundry room
                            
                                Extensive recent upgrades including new exterior paint, resealed balconies and walkways, new awning supports, HVAC improvements, and a renovated share
                            
                                Close proximity to Universal Studios, Sherman Oaks, The Westfield Mall, Erewhon, Whole Foods, and the Silver Triangle

Cap Rate:

4.91 %

Amenities

Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	5.4 mi
Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains)	11 min	-	6.3 mi
Airport	Drive	Walk	Distance
Bob Hope	10 min	-	5.4 mi
Los Angeles International	31 min	-	21.8 mi
Long Beach (Daugherty Field)	47 min	-	35.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	SurfaceTandem
Included in Rent:	Yes

Jake Glaser 310-494-6368 Lyon Stahl Investment Real Estate

12256 Riverside Dr Valley Village, CA 91607 Valley Village