
Valley Village, California 91607
This Spacious Value-Add Townhouse represents a Strong Value Opportunity with a List Price of $695,950—positioned well below the $741,709 Fair Market Value by 6%. This valuation gap offers $45,759 in Instant Equity for buyers. Marketed as a "light fixer" with a Fair Condition Rating, the property features a rare private backyard, direct-access garage, and proximity to North Hollywood Senior High (8/10). This asset is a prime candidate for forced appreciation through cosmetic updates, making it ideal for Owner-Occupants or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12380 Chandler Boulevard B Subject | $695,950* List Price | 2 | 3 | 1,608 | $425 | - |
A 5916 Whitsett Ave 2 Sold | $525,000 | 2 | 3 | 1,277 | $411 | 0.7 mi |
B 12390 Chandler Boulevard J Sold | $690,000 | 3 | 3 | 1,446 | $477 | - |
C 12536 Burbank Boulevard 3 Active | $795,000 List Price | 4 | 3 | 1,967 | $404 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 (50 years old), the property is explicitly marketed as a 'light fixer' and 'blank canvas.' While images show updated flooring and the description mentions newer kitchen appliances, the listing notes the kitchen requires cosmetic updating and the overall age suggests systems and baths likely exceed the 20-year threshold for modern standards.
This townhouse features a private backyard and a two-car direct-access garage, a combination of amenities rarely found in this property type that significantly enhances privacy and convenience.
With over 1,600 square feet of living space, high ceilings, and an open floor plan, the interior provides a bright and voluminous atmosphere that feels more like a single-family home.
Positioned as a 'light fixer' in the desirable Valley Village neighborhood near major studios, this property offers a prime opportunity for buyers to build immediate sweat equity through cosmetic updates.
The monthly HOA fee of $729.63 is notably high for a two-bedroom unit, which may impact buyer affordability and increase the total monthly carrying costs.
Marketed as a 'blank canvas,' the property requires immediate investment in cosmetic renovations to modernize the 1974 finishes and bring the home up to current market standards.
Welcome to a rare blank canvas in a great location! This unique townhouse provides 2 bedrooms, 2-1/2 bathrooms, 1600 sq feet of living space, a two-car direct-access garage with a private backyard, rarely found in most townhouses. The high ceilings and open floor plan help provide an abundance of natural sunlight, the kitchen appliances are newer and sizable kitchen simply needs some cosmetic updating. This townhouse offers an excellent opportunity and investment for a buyer looking for a light fixer and wanting to build equity while living in a highly desirable neighborhood, minutes to NoHo West, Studio City, many studios in Burbank and just a short drive to Hollywood and downtown.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,608 | 1,277 |
| Lot Size | 75,788 | 9,166 |
| Price | $696.0K | $680.0K |
| Price per sq ft | $433 | $468 |
| Built year | 1974 | 1981 |
| HOA | $729.63 | $444 |
| Days on market | 95 | 68 |
Apr 18, 2026
$695,950
Initial Listing
Aug 23, 2022
$735,000
Public Record
Jul 31, 1998
$145,000
Public Record