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11722 Riverside Drive Valley Village, CA 91607
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Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,978 sqft
Price per Sqft $272
MLS Listing ID CL23306265
Sold Date 10/13/23
HOA Y/N No
Year Built 1958
Lot Size 0.304 Acres
Acres 0.3
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 LARD
Interior
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Building
New Construction No
Others
Tax ID 2355019041
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Bought with GlennBrander