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$2,995,000

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9,970 Sqft Lot

New

12315 Burbank BLVD Valley Village, CA 91607

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25186207

HOA Y/N No

Year Built 1956

Lot Size 9,970 Sqft

Property Sub-Type Multi Family

Property Description

Rare Valley Village 6-Unit Apartment Building – First Time on the Market Since 1997! An outstanding investment opportunity has arrived in the heart of Valley Village, California. Offered for the first time in nearly three decades, this well-maintained six-unit multifamily property combines exceptional stability with exciting upside potential. The building offers a desirable and diverse unit mix consisting of three 1-bedroom/1-bath units, one spacious 3-bedroom/1-bath unit, and two studio/1-bath units. Half of the residences have been fully renovated with modern kitchens, stylish bathrooms, and updated flooring, while the remaining units present a clear value-add opportunity for the next owner to elevate rents by completing similar upgrades. Fully leased with a proven history of long-term tenancy, this property is anchored by residents who have called it home for over 20 years. Additional income is generated through the on-site laundry room, and tenants benefit from six dedicated parking spaces with convenient alley access. At the heart of the property, a central communal courtyard with BBQ areas creates a warm, inviting atmosphere that encourages tenant satisfaction and retention. Located on Burbank Boulevard, this prime Valley Village address offers easy access to the 101 and 170 freeways and is just minutes from the NoHo Arts District, Trader Joe's, and the vibrant shops and restaurants along Ventura Boulevard. With its unbeatable combination of location, stability, and value-add potential, this property is an ideal acquisition for investors seeking immediate cash flow and long-term growth.

Location

State CA

County Los Angeles

Area Vvl - Valley Village

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Common Area, Washer Hookup, Gas Dryer Hookup

Building

Lot Description 0-1 Unit/Acre, Street Level

Story 1

Water Public

Others

Tax ID 2340020017

Special Listing Condition Standard

Listed by Anthony Guetzoian Century 21 Valley Properties, Inc. 818-266-1100

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