CA > Valley Village
Valley Village, CA 91607,12256 Riverside Dr
Valley Village, CA 91607,12256 Riverside Dr
Valley Village, CA 91607,12256 Riverside Dr
34
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$1,695,000
Est. payment /mo
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11 Beds
7 Baths
4,430 SqFt
Active Under Contract

12256 Riverside Dr Valley Village, CA 91607

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Jennifer D. Holmes

Jennifer D. Holmes

+1(214) 600-2972

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,430 sqft

Price per Sqft $382

MLS Listing ID 25610697

Bedrooms 11

Year Built 1961

Lot Size 7,160 Sqft

Acres 0.1644

Property Sub-Type Multi-Family

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 tuck under parking spaces with tandem parking capability for 9 vehicles total. There is potential to convert parking into ADUs (buyer to verify).Ideally situated near the Studio City border, 12256 Riverside Drive offers residents quick access to Universal Studios, Sherman Oaks, the Westfield Mall, Erewhon, Whole Foods, and the Silver Triangle. Its central location provides convenient connectivity across the San Fernando Valley and Greater Los Angeles, ensuring steady tenant demand.

Location

State CA

County Los Angeles

Area Valley Village

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment None

Exterior

Parking Features Covered Parking, Carport, Tandem

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
Jennifer D. Holmes
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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