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.
Nestled in the heart of Valley Village, 11911 Weddington Street stands as a testament to mid-century multifamily excellence. Built in 1963, this 36,121-square-foot property spans a generous 0.584-acre lot and houses 31units, including spacious one- and two-bedroom layouts ranging from 700 to 1,350 square feet, a rarity in today's rental market. The large units offer residents ample living space with modern touches like hardwood floors, new appliances, air conditioning, ceiling fans, and private patios or balconies. Community amenities elevate the resident experience, including a sparkling pool, elevator access and on-site laundry facilities. The property's design and scale make it ideal for value-add strategies, such as targeted upgrades to further boost rental premiums. With units averaging over 1,000 square feet, it caters to families, professionals, and young creatives seeking more than the cramped apartments common in denser LA neighborhoods.
Attention Agents, Developers, and Investors: Presenting a newly remodeled duplex in the desirable Valley Village area. This charming property features 2 bedrooms, 2 bathrooms, and a thoughtfully designed office space. Recent upgrades include a brand-new roof and refreshed landscaping.Ideally located on a tranquil residential street, the property is surrounded by ongoing development, adding to its investment potential. It's also conveniently situated near top-rated schools.The unit is move-in ready or available for immediate leasing. Additional features include a front yard area, a private back patio, a 2-car carport, and ample street parking.
Prime Valley Village Investment 11-Unit Luxury Apartment Building with Rooftop DeckIntroducing 5923 Laurel Canyon Blvd, an exceptional opportunity to own a newly built (2022) multi-family investment property in the highly sought-after Valley Village/Studio City adjacent neighborhood. Priced at $10,495,000, this contemporary 11-unit apartment building combines modern architecture, high-quality finishes, and desirable amenities, offering a turnkey, income-producing asset in one of Los Angeles' strongest rental markets.This property is fully occupied, providing immediate cash flow and long-term stability for investors. Each thoughtfully designed unit features open-concept living spaces, premium appliances, stylish cabinetry, in-unit laundry, and private balconies or patios in select residences.One of the standout amenities is the spacious rooftop deck, offering sweeping city and mountain views, perfect for relaxation or entertaining. Additional features include controlled access, secure parking, a Fitness center, and professionally landscaped grounds.Located near the vibrant NoHo Arts District, Studio City, Sherman Oaks, and Toluca Lake, residents enjoy proximity to major freeways, top dining, boutique shopping, entertainment, and employment hubs. This central location ensures strong tenant demand and excellent long-term appreciation potential.Whether you're a seasoned investor or seeking to expand your portfolio with a Class A multi-family asset, 5923 Laurel Canyon Blvd represents a rare opportunity to own a fully stabilized, newly constructed property in a prime Los Angeles location.
Valley Village Income Property – $1,995,000 Exceptional investment opportunity in the heart of Valley Village, CA, featuring three beautifully finished residential units—each offering modern design, strong rental income, and excellent long-term appreciation potential. Property Overview: Offered at: $1,995,000 Total Units: 3 Total Monthly Income: $9,600 Annual Gross Income: $115,200 Unit Breakdown Unit 1: 3 Bedrooms 2 Bathrooms Built in 2024 – Modern construction with contemporary finishes Rented for $4,250/month Unit 2: 2 Bedrooms 2 Bathrooms Fully renovated in 2023 Rented for $3,150/month Unit 3: 1 Bedroom 1 Bathroom Newly built in 2025 Rented for $2,200/month Highlights - Turnkey income property with stable tenants - All units feature updated systems, finishes, and appliances - Separate utility meters for efficiency - Prime Valley Village location close to major studios, shopping, and transportation - Ideal for investors seeking strong cash flow and future growth potential
PRICE REDUCED! We are pleased to offer a 17-unit apartment building, available for the first time since it was built just over 40 years ago. This exceptionally well-maintained asset sits on a double lot and features over 18,800 square feet of space, with mostly spacious 1-bedroom units. The building has been under the continuous ownership and care of the original developer, reflecting true pride of ownership. Importantly, the building carries a Certificate of Occupancy from 1984, meaning it is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO). This exemption offers investors meaningful flexibility in managing turnover and achieving market rents. Operating at a 5.60% CAP, this property offers a strong return relative to comparable assets in the Los Angeles multifamily market. Rents remain below market levels, providing immediate income along with clear, achievable upside. The large floor plans allow for rent premiums with minimal repositioning. Tenants benefit from 24 on-site parking spaces, easy access to the 101 and 170 freeways, nearby public transportation, and a diverse selection of local restaurants, shopping, nightlife, and more. Under half a mile to the Gelson's at Riverside Dr., or steps to the Jons International Marketplace, this is a building where people rent to stay! For local families and job opportunities, the building sits between LA Valley College and NoHo High School. The property includes additional income through owned-laundry machines and a rooftop cell antenna lease, offering passive revenue without additional management. The combination of non-RSO status, stable tenancy, and physical unit size positions this asset as an ideal long-term hold with both cash flow and future growth potential. With a low price per square foot, strong in-place income, and clear paths to value creation, this is a rare opportunity to acquire a generational-quality asset in turnkey condition.
Excellent location 2 doors down from Burbank boulevard Elementary school. Restaurants and shopping nearby. Easy access to the Orange Line, 170 Freeway. Nostalgic and nestled in a quiet, peaceful neighborhood with very little traffic. Units are 3 beds 1 bath, 2 bedrooms 1 bath and 2 bedrooms 1 bath. total 7 bedrooms and 3 baths.
Outstanding Investment OPPORTUNITY!! 5238 Hermitage is a Multi-Family Triplex located in the highly desirable Valley Village Community. The property consists of (3) one bedroom, one bath units, each having use of a detached (3) car garage. This quaint property was built in 1951 and has a lot size of approximately 8,197 square feet with a total rentable space of 1,885. The site is level and the development potential is great. Options may be available to improve the property or re-develop the site, with a significant density boost. Buyer to verify all City, State Codes and Programs available for re-development. The Valley Village community is an area that is rich in culture and traditions and is located with easy access to public transportation, metro link, and a variety of shopping centers, churches, schools and restaurants. This property and the surrounding area features established small to multi-family projects, which are close to the 101, 170 and 134 Freeways. Don't miss out on this exceptional opportunity!! Property is being sold in it's current 'As Is" condition without any repairs or relocation of tenants. Buyer to do their own due dilligence.
Valley Village is located in California. Valley Village 91607 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
