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12325 Riverside Drive, Valley Village, CA 91607

$1,695,000 Approx. USD 8 beds, 7 baths
5,703 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Gary Fox | gfox@mdrealtycorp.com
Lic#: 00847295
Broker: Courtesy of Miller & Desatnik Realty Co.
Phone: 310-202-9166

Co Listing Agent

Michael Wozniak | mikew@mdrealtycorp.com
Lic#: 01856514
Broker: Courtesy of Miller & Desatnik Realty Co.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26665093

List price is $1,695,000 Reduced by $80,000 on 4/13/2026

Price: $1,695,000

Beds: 8

Baths: 7

Built in 1957

5,703 sqft

2 stories

0.14 acres

Lot size: 0.1434

County: Los Angeles

Zoning: LAR3

Appliances: Refrigerator

Parking description: Covered

Heating description: Wall Furnace

MLS area: VVL - Valley Village

Last Updated: 4/13/2026

Days On Market (DOM): 76

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This listing belongs to the VVL - Valley Village MLS area

Lat/Long: 34.157917, -118.401767.
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