NOT LISTED FOR SALE

11722 Riverside Dr Los Angeles, CA 91607

Valley Village Neighborhood
12 Beds
8 Baths
6,978 Sq Ft
0.3 Acres

Last Sold October 13, 2023

Last sale price $1,900,000 $272 Per Sq Ft

2 Days on Market

Highlights

  • Fireplace in Kitchen
  • Wood Flooring
  • Laundry Room
  • North Hollywood Senior High School Rated A
  • 8 Car Garage

About This Home

As of October 2023

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.

Last Agent to Sell the Property

Glenn Brander

Miller & Desatnik Realty Co. License #01020228 Listed on: 08/28/2023

Last Buyer's Agent

Glenn Brander

Miller & Desatnik Realty Co. License #01020228 Listed on: 08/28/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.3

Parking

  • 8 Car Garage

Interior Spaces

  • 6,978 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Additional Features

  • 0.3 Acre Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2355-019-041

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6978
  • Lot Acreage: 0.3042
  • Stories: 2
  • Year Built: 1958
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Kitchen
  • Flooring: Hardwood
  • Bedrooms: 12
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 275.87

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 8
  • Covered Parking: 8
  • Parking Garage: Garage Is Detached
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Percent: 35.06
  • Assessed Improvement Value: 487643
  • Assessed Land Percent: 64.94
  • Assessed Land Value: 903091
  • Total Assessed Value: 1390734
  • Assessor Parcel Number: 2355-019-041
  • Lot Size Area: 13250

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 12.27
  • Number Of Units: 8
  • Total Annual Expense: 58719
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $1,900,000 -1.3% $272 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $1,925,000 -- $276 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Glenn Brander

    Seller's Agent in 2023

    Glenn Brander

    Miller & Desatnik Realty Co.

    (310) 202-9166

    1 in this area

    31 Total Sales

    Glenn Brander
    Section Image
  • David Saghian

    Buyer Co-Listing Agent in 2023

    David Saghian

    Lyon Stahl Investment Real Estate, Inc.

    (818) 231-5540

    3 in this area

    14 Total Sales

    David Saghian
    Section Image
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Map

Source: The MLS

MLS Number: 23-306265

The MLS
California Los Angeles County Los Angeles 91607 Valley Village

11722 Riverside Dr, Los Angeles, CA

This home is located at 11722 Riverside Dr, Los Angeles, CA 91607 since 28 August 2023. This property was built in 1958. 11722 Riverside Dr is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Colfax Charter Elementary School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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