12344 Burbank, Valley Village, CA 91607
Local realty services provided by:ERA Donahoe Realty
12344 Burbank,Valley Village, CA 91607
$5,390,000
- - Beds
- - Baths
- 17,722 sq. ft.
- Multi-family
- Active
Listed by: anthony boyajian
Office: keller williams realty-studio city818-432-1500
MLS#:SR26227029
Source:CRMLS
Price summary
- Price:$5,390,000
- Price per sq. ft.:$304.14
About this home
Located on the southwest corner of Burbank Boulevard and Corteen Place in the highly desirable Valley Village neighborhood, 12344 Burbank Boulevard presents an outstanding opportunity to acquire a true pride-of-ownership apartment community featuring spacious units, an attractive unit mix, and substantial capital improvements.
Built in 1960, the property consists of approximately 17,722 square feet Of building area on an approximately 16,016-square-foot lot. The well-balanced unit mix includes seven (7) one-bedroom/one- bathroom units, one (1) two-bedroom/one-bathroom unit, five (5) two-bedroom/two-bathroom units, and five (5) three-bedroom/ two-bathroom units. The generous layouts, including a desirable selection of two- and three-bedroom residences, appeal to a broad range of renters seeking additional space and functionality.
The property reflects a strong commitment to maintenance and improvements, with 16 of the 18 units completely remodeled. Additional upgrades include copper plumbing, upgraded electrical subpanels throughout, a completed earthquake soft-story retrofit, newer windows, and a roof approximately three years old. The swimming pool has also been redone, while an on-site laundry facility provides added convenience for residents.
Adding another dimension to the investment, seven (7) of the 18 units are currently operated under an alternative rental model, offering prospective ownership nexibility in evaluating management approaches and future leasing strategies, subject to applicable regulations and lender requirements....
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Home facts
- Year built:1959
- Listing ID #:SR26227029
- Added:1 day(s) ago
- Updated:October 22, 2026 at 11:17 AM
Rooms and interior
- Living area:17,722 sq. ft.
Structure and exterior
- Year built:1959
- Building area:17,722 sq. ft.
- Lot area:0.37 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,390,000
- Price per sq. ft.:$304.14
Features and amenities
- Pool features:Community
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