12256 Riverside Drive, Valley Village, CA 91607
Local realty services provided by:CENTURY 21 Cornerstone
12256 Riverside Drive,Valley Village, CA 91607
$1,695,000
- 11 Beds
- 7 Baths
- 4,430 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.
MLS#:25610697
Source:CRMLS
Price summary
- Price:$1,695,000
- Price per sq. ft.:$382.62
About this home
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.
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Home facts
- Year built:1961
- Listing ID #:25610697
- Added:47 day(s) ago
- Updated:December 06, 2025 at 11:37 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:7
- Living area:4,430 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1961
- Building area:4,430 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,695,000
- Price per sq. ft.:$382.62
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