$1,900,000
$1,925,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
8 Baths
6,978 SqFt
SOLD DATE : 10/13/2023
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,978 sqft
Price per Sqft $272
MLS Listing ID 23306265
Sold Date 10/13/23
Bedrooms 12
HOA Y/N No
Year Built 1958
Lot Size 0.304 Acres
Property Description
We are pleased to present The Riverside Residences. 11722 Riverside Dr, Valley Village, CA 91607 is a charming 8-unit apartment complex in a strategic Valley Village location, with easy access to both the 101 and 170 freeways. The building's unit mix consists of (4) two-bedroom, one-bathroom units and (4) one-bedroom, one-bathroom units. The building's charming architecture is complemented by the presence of eight enclosed, detached garages, creating an exciting opportunity for the addition of Accessory Dwelling Units (ADUs). With rents poised for growth, this investment offers both immediate and long-term advantages. Further enhancing its appeal, the building is separately metered for gas and electricity, has a pitched roof and sits on a double lot.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Zoning LARD1.5
Interior
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Kitchen
Fireplace Yes
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Attached Garage No
Total Parking Spaces 8
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2355019041
Special Listing Condition Standard
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Bought with Glenn Brander • Miller & Desatnik Realty Co.
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Broker Associate | Lic# 01398838