12325 Riverside Drive, Valley Village, CA 91607
Property
Sold August 2026
Listing Agent: Gary Fox (DRE #00847295) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Heros Minasian · Keller Williams R. E. Services · MLS #26665093 · Source: CRMLS
How this sale compares
12325 Riverside Drive sold for $1,645,000 in August 2026, 2.9% under its $1,695,000 list price, after 144 days on the market. It was first listed at $1,775,000. That works out to $288 per square foot on 5,703 square feet. Across 99 closed sales in 91607 over the last 12 months, the median sold price is $1,250,000 and the median is $654 per square foot, 127% above this sale's $288.
| Quarter | Closed sales in 91607 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $1,245,000 |
| Q2 2026 | 47 | $1,229,000 |
| Q3 2026 | 42 | $1,272,500 |
| Q4 2026 | 3 | $985,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Valley Village · Homes for sale in 91607
Description
PRICE IMPROVEMENT!!! This 7-unit apartment building presents an outstanding opportunity to acquire a well-located multifamily asset in the highly desirable Valley Village submarket. Ideally situated between Coldwater Canyon Boulevard and Laurel Canyon Boulevard, the property offers convenient access to many of the San Fernando Valley's most vibrant neighborhoods and employment centers. Tenants are just minutes from the dining, shopping, and entertainment options along Ventura Boulevard, as well as the popular destinations in Studio City and the thriving arts and entertainment scene of the NoHo Arts District. The property features a desirable unit mix of six 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, appealing to a broad tenant base seeking quality housing in a centrally located neighborhood. Tenant amenities including beautiful hardwood flooring, wall air conditioning units, on-site laundry facilities, and dedicated parking. The property offers strong rental upside, with several units currently rented at below-market rates, providing a clear path for future income growth. With continued demand for rental housing in Valley Village and the property's prime location near major retail, dining, and entertainment corridors, investors have the opportunity to capture significant rent appreciation over time. The offering represents a terrific opportunity for an investor to acquire a well-located apartment building in one of the Valley's most sought-after neighborhoods.
Listing description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 12325 Riverside Drive
12206 Huston Street: Sold $1,950,000 · 3 bd · 3 ba · 2,046 sqft · Aug 2026 · 0.2 mi
Equity Union | DRE #01850113
Buyer's agent: Maya Abu-Mansour, Equity Union | DRE #022183894832 Whitsett Avenue 203: Sold $700,009 · 2 bd · 2 ba · 1,118 sqft · Jun 2026 · 0.2 mi
The Agency | DRE #02193451
Buyer's agent: Nicole Schlueter, Real Broker | DRE #0177845812341 Addison Street: Sold $2,515,000 · 4 bd · 5 ba · 2,734 sqft · Aug 2026 · 0.2 mi
Sotheby's International Realty | DRE #01430979
Buyer's agent: Chad Singer, Amalfi Estates | DRE #0204673512428 Addison Street: Sold $1,700,000 · 3 bd · 3 ba · 2,090 sqft · Jul 2026 · 0.2 mi
Sotheby's International Realty | DRE #01430979
Buyer's agent: Collette Canepa, Redfin Corporation | DRE #0182673312247 Addison: Sold $3,795,000 · 6 bd · 7 ba · 4,231 sqft · Aug 2026 · 0.3 mi
Keller Williams Luxury | DRE #02100807
Buyer's agent: Nina Kleiner-Rosen, Sotheby's International Realty | DRE #013719654912 Beeman Avenue: Sold $2,995,000 · 3 bd · 4 ba · 3,000 sqft · Jun 2026 · 0.4 mi
The Agency | DRE #01176463
Buyer's agent: Brett Karns, The Agency | DRE #0117646312128 Hesby Street: Sold $3,450,000 · 5 bd · 6 ba · 4,452 sqft · Oct 2026 · 0.4 mi
4915 Agnes Avenue: Sold $3,000,000 · 5 bd · 6 ba · 3,665 sqft · Jul 2026 · 0.4 mi
Sotheby's International Realty | DRE #01430979
Buyer's agent: Michael J. Okun, Sotheby's International Realty | DRE #01430979
Closed sales reported in 91607, nearest first, last 12 months. All recent sales in Valley Village →