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$1,695,000
9 Days On Site

12256 Riverside Drive
Valley Village, CA 91607

For Sale|Residential Income|Active
11
Beds
7
Total Baths
4,430
SqFt
$383
/SqFt
1961
Built
County:
Los Angeles
Listed by Jake Glaser of Lyon Stahl Investment Real Estate, Inc. [email protected]
12256 Riverside Drive12256 Riverside Drive12256 Riverside Drive12256 Riverside Drive
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Monthly Payment (Est.)

$7,733
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12256 Riverside Drive is 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 two vacant & lease-ready units. 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. 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.

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Listing Snapshot
Price 
$1,695,000
Days On Site 
9 Days
Bedrooms 
11
Inside Area (SqFt) 
4,430 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1644 Acres
Year Built 
1961
MLS® Number 
25610697
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1644
Garage 
Yes
Levels 
Two
Number Of Stories 
2
Parking 
CoveredCarportGarageTandem
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
4430
Zoning 
LARD1.5
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
VVL - Valley Village


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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