
Valley Village, California 91607
This property presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned well below the $1,039,849 Fair Market Value by 4%. This valuation gap offers $41,849 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, yet the 7,000 sqft lot and detached garage provide significant ADU and expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12615 Califa Subject | $998,000* List Price | 3 | 2 | 1,363 | $763 | - |
A 5812 Bucknell Ave Sold | $1,055,000 | 3 | 2 | 1,341 | $787 | 0.9 mi |
B 5512 Vantage Avenue Sold | $1,035,000 | 2 | 2 | 1,342 | $771 | 0.7 mi |
C 5835 Radford Avenue Sold | $1,115,000 | 3 | 2 | 1,498 | $744 | 0.9 mi |
D 5744 Wilkinson Avenue Sold | $1,245,000 | 3 | 2 | 1,686 | $738 | 0.3 mi |
E 12635 Cumpston Street Active | $999,999 List Price | 2 | 2 | 1,776 | $563 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the home is functional but significantly dated. The kitchen features older tile countertops and mixed-age appliances, while the bathroom retains mid-century tile with a dated vanity. Worn carpeting in the living and bonus areas, along with a backyard requiring maintenance, indicates the property needs cosmetic updates and minor repairs throughout.
The expansive 7,000 sqft lot and detached garage offer significant potential for an Accessory Dwelling Unit (ADU) or further customization, adding substantial long-term value.
An additional 200 sqft bonus room provides versatile space for a home office, gym, or studio, complementing the functional 3-bedroom layout and increasing usable square footage.
Situated in one of the San Fernando Valley's most sought-after neighborhoods, this property offers strong investment potential and proximity to desirable amenities.
As a 1948 original 'opportunity,' the home likely requires significant cosmetic and structural updates to meet modern standards, necessitating additional capital investment.
With 1,363 sqft of primary living space for a 3-bedroom home, the interior layout may feel constrained for buyers accustomed to more spacious modern floor plans.
Welcome to this charming Valley Village opportunity, full of character and endless potential. Situated on an expansive approximately 7,000 sq ft lot, this 3-bedroom, 2-bathroom home offers 1,363 sq ft of living space plus an approximately 200 sq ft bonus space added to the back of the home, ready for its next chapter. From the inviting front porch and classic brick fireplace to the spacious living room with oversized windows and abundant natural light, the home showcases timeless charm throughout. The home features a bright kitchen with ample cabinetry and breakfast area. The added bonus space provides flexibility for a home office, creative studio, gym, playroom, or additional living area. Step outside to discover a serene backyard with beautiful mature landscaping, a variety of fruit trees. Perfect for entertaining, relaxing, or creating your dream outdoor space. A long driveway and detached garage provide additional possibilities for expansion, ADU potential, or customization. Whether you’re a first-time buyer, investor, or someone looking to renovate and make a home truly your own, this Valley Village gem presents an incredible opportunity in one of the most sought-after neighborhoods in the Valley. Bring your vision and unlock the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,363 | 2,023.5 | 6% |
| Lot Size | 6,967 | 7,239 | 41% |
| Price | $998.0K | $1.56M | 4% |
| Price per sq ft | $732 | $783 | 35% |
| Built year | 1948 | 1952 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 148 | 4% |
May 26, 2026
$998,000
Initial Listing