11480 Riverside Drive

Estimated Monthly Payment: $6,361/mo 11480 Riverside Drive, Valley Village, CA 91602 MLS# 20-637470 Residential Income Listing Status: Active
6
3,296 sqft
27
1
0
0

REMARKS:

Situated on the corner of Riverside Drive and Camellia Avenue, the property lies on the border of Valley Village and the NoHo Arts District, and is just blocks from Studio City. A new owner may be able to add value to the asset through interior upgrades to capitalize on the approximately 34% upside in rents. Unit interiors feature irreplaceable character, with vintage hardwood floors and bay windows. A separate garage behind the property provides additional income to the owner, as do the on-site laundry facilities. Utility expenses are reduced by virtue of the individual water heaters within each unit. Located near the junction of the 101, 134, and 170 Freeways, the property provides convenient access to both the NoHo Arts District and Studio City. Tenants are just three blocks from one of the largest parks in the San Fernando Valley, the North Hollywood Recreation Center. The North Hollywood Metro Station is approximately one mile north of the property.

OVERVIEW:

Residential Income
Active
1949
3296
None
None
Other
Other

FEATURES:

None

ROOM INFO:

6

FINANCIAL:

$1,395,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Roderick 'Rick' Raymundo - Marcus & Millichap

 

 

 

The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. Real estate listings held by brokerage firms other than Forward Studio City, Keller Williams Realty are marked with the IDX logo.

 

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Combined L.A./Westside MLS. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

 

Lifestyle, neighborhood, and school data ("Supplemental Data") is provided by the operator of this website as a convenience to users. This Supplemental Data is not provided or reviewed by Combined L.A./Westside MLS. The operator of this website updates the Supplemental Data from time to time, but it does not represent, warrant or otherwise promise that the Supplemental Data is current, free from defects, or error-free. All Supplemental Data is provided AS IS with all faults. Users are encouraged to consult their own data sources to confirm the accuracy of all Supplemental Data before using the Supplemental Data as a basis for any decision. Complete list of data sources.

 

Data last updated: 10/21/2020