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.
Multi-familyProperty Type
1958Year Built
0.3 acresLot Size
$272Price/Sq.Ft.
8 car garageParking
Listed by Glenn Brander•DRE #01020228
•310-428-4116 (agent)
•gbrander@mdrealtycorp.com (agent)
Bought with Glenn Brander•DRE #01020228
Bought with David Saghian•DRE #01992252• Kidder Mathews of California, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
12
Baths
8
Stories
—
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
1948
Sq. Ft.
6,978
Year built
1948
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2355019041
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
Property details
Parking
Garage
Garage Is Detached
# of Garage Spaces: 8
Parking
# of Parking Spaces (Total): 8
# of Covered Parking Spaces: 8
Interior
Laundry Information
Laundry Area
Fireplace Information
In Kitchen
Flooring Information
Hardwood Floors
Heating & Cooling
Wall/Window Unit Cooling
Other Heat
Multi-Unit Income
Gross Income: 156852
Gross Operating Income: $152,218
Net Operating Income: $93,498
Multi-Unit Expenses
Total Annual Expense: $58,719
Multi-Unit Other Financial Information
Gross Rent Multiplier: 12.27
Vacancy Rate: 3
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4, 5, 6, 7, 8
Type Of Units: Apartments
# of Buildings: 1
Laundry Equipment: Own
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,258
Projected Rent: $2,695
Actual Rent: $1,258
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,595
Projected Rent: $1,995
Actual Rent: $1,595
# of Units: 2
Unit 3 Information
# of Beds: 2
# of Baths: 1.00
Rent: $2,395
Projected Rent: $2,695
Actual Rent: $2,395
# of Units: 3
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,129
Projected Rent: $1,995
Actual Rent: $1,129
# of Units: 4
Unit 5 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,980
Projected Rent: $2,695
Actual Rent: $1,980
# of Units: 5
Unit 6 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,588
Projected Rent: $1,995
Actual Rent: $1,588
# of Units: 6
Unit 7 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,569
Projected Rent: $2,695
Actual Rent: $1,569
# of Units: 7
Unit 8 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,358
Projected Rent: $1,995
Actual Rent: $1,358
# of Units: 8
Exterior
Building Information
Total Floors: 2
Two Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: Other
Lot Information
Lot Size (Sq. Ft.): 13,250
Lot Size (Acres): 0.3042
Zoning: LARD1.5
Financial
Assessment Information
Assessed Total Value: $1,390,734
Assessed Land Value: $903,091
Assessed Land %: 64.94
Assessed Improvement Value: $487,643
Assessed Improvement %: 35.06
Assessor Parcel Number: 2355-019-041
Location
Community Information
# of Units in Complex (Total): 8
Location Information
Directions: West of Colfax Ave, North of the 101 Freeway
Public facts
Beds: 12
Baths: 8.0
Sq. Ft.: 6,978
Stories: —
Lot Size: 0.3 acres
Style: Multi-Family (5+ Unit)
Year Built: 1948
Year Renovated: 1948
County: Los Angeles County
APN: 2355019041
Home facts updated by county records on Oct 7, 2026
Other
Documents & Disclosures
Disclosures: None
Co Selling Agent Information
First Name: David
Last Name: Saghian
License #: 01992252
Around this home
Schools
Colfax Charter Elementary School
Charter K-5 • Assigned • 0.2mi
8/10
Walter Reed Middle School
Public 6-8 • Assigned • 0.3mi
7/10
North Hollywood Senior High School
Public 9-12 • Assigned • 0.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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