
Valley Village, California 91607
This property presents a High-Potential Investment Opportunity with a List Price of $1,599,000—positioned above the $1,441,077 Fair Market Value. While the current structure holds a Condition Rating of 6, the expansive 11,307 sq. ft. lot serves as a prime canvas for development. The inclusion of a permitted, detached accessory living quarters adds immediate utility. This asset is best suited for Developers and Contractors focused on maximizing the land value in this highly sought-after Valley Village location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12201 Califa Street Subject | $1,599,000* List Price | 3 | 3 | 1,995 | $724 | - |
A 12635 Cumpston Street Sold | $1,315,000 | 2 | 2 | 1,776 | $740 | 0.8 mi |
B 5445 Gentry Pending | $1,199,000 List Price | 3 | 3 | 1,952 | $614 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1937 (>80 years old) with no mention of renovations, the listing is explicitly marketed to builders and developers as an 'ideal canvas' to build a custom estate, indicating the value is primarily in the 11,307 sq. ft. lot.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11307, living area = 1995.
The property features a grand 11,307 sq. ft. lot, providing a rare and oversized canvas for developers or owner-users to build a custom luxury estate in a prime mid-block location.
Situated in a highly sought-after, tree-lined community, the property offers unparalleled proximity to major film studios, the NoHo Arts District, and popular recreation centers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1995, other record living area = 1491. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1937 and marketed primarily for its development potential, the existing structure likely requires a complete rebuild or extensive capital improvement to meet modern standards.
At a list price of nearly $1.6 million, the property represents a high-cost entry point for builders and developers, requiring substantial additional investment to realize its full market value.
BUILDERS, DEVELOPERS, CONTRACTORS & OWNER-USERS! Seize a rare and valued opportunity to create the home you've always envisioned in highly sought-after Valley Village: An idyllic, vibrant tree lined community and wonderful place to call home! Set on a grand, expansive 11,307 sq. ft. lot, this exceptional mid-block property is nestled along a picturesque, tree-lined street in one of the Valley's most desirable neighborhoods. Whether you're looking to develop, design, or build a custom estate, this oversized parcel offers the ideal canvas to bring your vision to life. Enjoy the perfect blend of peaceful residential living and unparalleled convenience, with close proximity to houses of worship, Valley Village Park, Laurel Grove Park, the North Hollywood Recreation Center and Library, Universal Studios, CBS, Disney, Warner Bros. Studios, Burbank, the NoHo West shopping and entertainment destination, and the vibrant boutiques, cafes, galleries, and theaters of the NoHo Arts District. Highlights include a permitted, detached en suite accessory living quarters behind the garage. A truly exceptional opportunity to build your dream home and become part of one of the San Fernando Valley's most coveted communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,995 | 2,228.286 |
| Lot Size | 11,307 | 7,332.679 |
| Price | $1.60M | $1.63M |
| Price per sq ft | $802 | $798 |
| Built year | 1937 | 1960 |
| HOA | $0 | $192 |
| Days on market | 41 | 51 |
Jul 30, 2026
$1,599,000
Initial Listing
Oct 24, 2011
$360,000
Public Record
Oct 29, 2004
$645,000
Public Record
Sep 7, 2001
$413,000
Public Record