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12256 Riverside Dr
Valley Village, CA 91607
Multifamily Property For Sale
·
5 Units
Investment 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
- Modern amenities such as wireless gated entry, updated landscaping, path and security lighting, and a shared laundry room
- Close proximity to Universal Studios, Sherman Oaks, The Westfield Mall, Erewhon, Whole Foods, and the Silver Triangle
- Separately metered for gas and electricity. Five covered parking spaces with tandem capability and potential for ADU conversion (buyer to verify)
- Extensive recent upgrades including new exterior paint, resealed balconies and walkways, new awning supports, HVAC improvements, and a renovated share
Property Facts
| No. Units | 5 | Building Size | 4,430 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 2.03/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,430 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 2.03/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 3+2 | 2 | - | - |
Property Taxes
| Parcel Number | 2356-035-001 | Improvements Assessment | $606,255 |
| Land Assessment | $821,323 | Total Assessment | $1,427,578 |
Property Taxes
Parcel Number
2356-035-001
Land Assessment
$821,323
Improvements Assessment
$606,255
Total Assessment
$1,427,578
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