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$ 1,695,000
Est. payment /mo
Pending
12256 Riverside Drive Valley Village, CA 91607
4,430 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,430 sqft
Price per Sqft $382
MLS Listing ID CL25610697
HOA Y/N No
Year Built 1961
Lot Size 7,160 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
12256 Riverside Drive, a well-maintained five-unit multifamily property located in the desirable Valley Village neighborhood of Los Angeles, a few blocks North of Studio City. The property currently features one vacant & lease-ready 2+1 unit. Recent capital improvements include new exterior paint, resealed balconies and walkways, new awning supports, HVAC upgrades, and a fully renovated shared backyard with weatherproof storage. Additional enhancements include a wireless gated entry system, updated landscaping with drip irrigation, new security and path lighting, and a modernized shared laundry room with app-enabled or coin-operated machines. Together, these updates position the property as a well-cared-for and easy-to-manage investment.The building comprises (1) 1+1, (2) 2+1, and (2) 3+2 units, separately metered for gas and electricity. Unit 1 has recently been rented (Dec 2025) and is on RUBS for water & sewer expenses through Livable (max of $50/mo). Each apartment has benefited from targeted interior upgrades, including electrical sub-panel replacements, new double-pane Low-E windows, updated plumbing (with copper lines throughout many sections), modernized kitchens and bathrooms, new flooring and paint, and refurbished private outdoor spaces. The property also includes five
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 2356035001

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.


