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12720 Burbank Boulevard 118, Valley Village, California 91607, Valley Village, 91607 - 1 bed, 1 bath

12720 Burbank Boulevard 118, Valley Village, California 91607 home-pic-0
ACTIVE$420,000
12720 Burbank Boulevard 118, Valley Village, California 91607
1Bed
1Bath
785Sqft
86,314Lot
Year Built
1970
Close
-
List price
$420K
Original List price
$420K
Price/Sqft
$535
HOA
$450
Days on market
-
Sold On
-
MLS number
BB25174716
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $420.0K(29th), sqft - 785(29th), beds - 1(35th), baths - 1(29th).

HOA UPDATE: Building is now fully insured and eligible for conventional financing, making it an excellent opportunity for buyers who were previously unable to qualify. Beautifully upgraded one-bedroom, one-bathroom condo in the highly sought-after Briarcrest community in Valley Village. This bright unit offers an open floor plan with excellent natural light, treetop views, and a spacious living room featuring a cozy gas fireplace and a bonus office nook. The home has been completely renovated throughout, including a stylish kitchen with stainless steel appliances and a sleek center island that flows seamlessly into the living area, perfect for modern living. The generous bedroom features a large walk-in closet, in unit washer, and plenty of additional storage. Located on the first floor, it also comes with a designated parking space and overhead storage. Briarcrest is a gated, well-maintained complex with resort-style amenities, including a sparkling pool, spa/hot tub, fitness center with saunas, a recreation room, additional storage, and beautifully landscaped grounds. Conveniently located near shopping, dining, houses of worship, Valley College, and NoHo West.

Nearby schools

6/10
John B. Monlux Elementary School
Public,•K-5•0.6mi
7/10
Burbank Boulevard Elementary School
Public,•K-5•0.7mi
6/10
Erwin Elementary School
Public,•K-5•1.1mi
6/10
Lankershim Elementary School
Public,•K-5•2.0mi
7/10
Rio Vista Elementary School
Public,•K-5•3.0mi
5/10
James Madison Middle School
Public,•6-8•1.8mi
6/10
Walter Reed Middle School
Public,•6-8•2.0mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•0.5mi
8/10
North Hollywood Senior High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
12/12/25
Price Change
$420,000+5.3%
11/25/25
Price Change
$399,000-4.5%
11/07/25
Price Change
$418,000-1.2%
10/15/25
Price Change
$423,000+0.7%
08/05/25
$420,000
Condition Rating
Excellent
Despite being built in 1970, the property has been 'completely renovated throughout' as stated in the description, and the images confirm a very recent and extensive modernization. The kitchen features new white flat-panel cabinets, sleek black marble-look countertops and island, stainless steel appliances, and a contemporary backsplash. The living areas showcase consistent black marble-look tile flooring and modern recessed lighting. All visible components appear new or virtually new, meeting current quality standards with no signs of wear or deferred maintenance, aligning with the criteria for an 'excellent' condition due to extensive recent renovation.
Pros & Cons

Pros

Conventional Financing Eligibility: The recent HOA update confirms the building is fully insured and eligible for conventional financing, significantly broadening the potential buyer pool and simplifying the purchase process.
Extensively Renovated Interior: The unit has been 'beautifully upgraded' and 'completely renovated throughout,' featuring a stylish kitchen with stainless steel appliances and a sleek center island, offering a modern and move-in ready living space.
Comprehensive Complex Amenities: The gated Briarcrest community provides resort-style amenities including a sparkling pool, spa/hot tub, fitness center with saunas, a recreation room, and beautifully landscaped grounds, enhancing lifestyle appeal.
Strategic Location & Convenience: Located in the 'highly sought-after Briarcrest community in Valley Village,' the property offers convenient access to shopping, dining, houses of worship, Valley College, and NoHo West.
Functional & Feature-Rich Unit: The condo boasts an open floor plan, excellent natural light, a cozy gas fireplace, a bonus office nook, in-unit washer, a large walk-in closet, designated parking, and additional storage, maximizing utility and comfort.

Cons

High Monthly HOA Fees: The $450.0 monthly association fee is substantial for a one-bedroom unit, representing a significant ongoing cost that could impact affordability and budget planning for buyers.
Building Age: Constructed in 1970, the building is over five decades old, which may raise concerns about the age of the building's core systems and potential for future special assessments or higher maintenance costs for the association.
First Floor Location & Limited Views: Being on the first floor can sometimes mean reduced privacy and increased noise. Additionally, despite mentions of 'treetop views' in the description, the property data explicitly states 'view: None,' indicating a lack of expansive or desirable scenic vistas.

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