$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
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,978 sqft
Price per Sqft $272
MLS Listing ID 23-306265
Sold Date 10/13/23
Bedrooms 12
Year Built 1958
Lot Size 0.304 Acres
Acres 0.3042
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 Valley Village
Zoning LARD1.5
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Wall/Window
Flooring Hardwood
Fireplaces Type Kitchen
Equipment None
Laundry Laundry Area
Exterior
Parking Features Garage Is Detached
Garage Spaces 8.0
Pool None
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with Miller & Desatnik Realty Co.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States