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12325 Riverside Dr

Los Angeles CA 91607

8
7
6
5703 sq. ft.
6247 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
7 bathrooms
6 carspaces
5703 sq. ft. floor area
6247 sq. ft. lot size
Other

Property history for 12325 Riverside Dr

2011
Sold
$396,911
30 Mar 2011

Happy sellers in Los Angeles

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Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 1 eight-bedroom other similar to 12325 Riverside Dr, have been sold.

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Sales:
(619) 566-0008
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