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12720 Burbank Boulevard 311, Valley Village, California 91607, Valley Village, 91607 - 2 bed, 2 bath

12720 Burbank Boulevard 311, Valley Village, California 91607 home-pic-0
ACTIVE$475,000
12720 Burbank Boulevard 311, Valley Village, California 91607
2Beds
2Baths
1,154Sqft
86,314Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in the heart of Valley Village, offering excellent access to numerous shopping, restaurants, public transport, and major freeways.
Top Cons:
Significant Price Reductions: Multiple price adjustments from the original listing price suggest a prolonged market presence or initial overpricing, which may impact buyer perception.

Compared to the nearby listings

Price:$475.0K vs avg $600.0K ($-125,000)41%
Size:1,154 sqft vs avg 1,154 sqft50%
Price/sqft:$412 vs avg $50318%

More Insights

Built in 1970 (55 years old).
Condition: Built in 1970, this unit features an updated kitchen with granite countertops and stainless-steel appliances, which is a strong positive. However, the presence of carpet in the living areas and a somewhat dated bathroom vanity prevent it from achieving a 'Good' rating. While well-maintained and functional, the property shows its age in certain aspects and would benefit from minor updates to achieve a more contemporary aesthetic throughout.
Year Built
1970
Close
-
List price
$475K
Original List price
$549K
Price/Sqft
$412
HOA
$452.13
Days on market
-
Sold On
-
MLS number
SR25049055
Home ConditionFair
Features
Good View: Mountain(s), Trees/Woods
Pool
Spa
ViewMountain(s), Trees/Woods

About this home

Great price adjustment to this amazing top floor corner unit facing quiet Bellaire Ave in the beautifully maintained Briarcrest Building in the heart of Valley Village. This 2 bedroom/2 bathroom unit has a very spacious and open living room with fireplace, recessed lighting, central air & heat, some hardwood floors and carpet, walk-in closets in both bedrooms & a charming kitchen with granite counters and stainless-steel appliances. The unit is perfectly situated on the tranquil side of the building which also gives you direct access from the street level as you come in from the residential side of Bellaire Avenue. You can enjoy all the amenities that the building has to offer and exudes that resort style living with a large swimming pool, spa, sauna, rec room, BBQ area & an onsite state of the art gym. A very secured complex with controlled access and gated parking. Located in a highly desirable neighborhood close to numerous shopping, restaurants, public transport and access to freeways. A must see!

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
Condition Rating
Fair
Built in 1970, this unit features an updated kitchen with granite countertops and stainless-steel appliances, which is a strong positive. However, the presence of carpet in the living areas and a somewhat dated bathroom vanity prevent it from achieving a 'Good' rating. While well-maintained and functional, the property shows its age in certain aspects and would benefit from minor updates to achieve a more contemporary aesthetic throughout.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the heart of Valley Village, offering excellent access to numerous shopping, restaurants, public transport, and major freeways.
Extensive Building Amenities: The complex provides resort-style living with a large swimming pool, spa, sauna, rec room, BBQ area, and an onsite state-of-the-art gym.
Updated Interior Features: The unit boasts a charming kitchen with granite counters and stainless-steel appliances, recessed lighting, central air & heat, a fireplace, and walk-in closets.
Desirable Unit Placement & Views: As a top-floor corner unit facing quiet Bellaire Ave, it offers tranquility, direct street access, and desirable mountain/tree views.
Security & Building Maintenance: The property is located within a very secured complex with controlled access and gated parking, in a beautifully maintained building.

Cons

Significant Price Reductions: Multiple price adjustments from the original listing price suggest a prolonged market presence or initial overpricing, which may impact buyer perception.
Mixed Flooring Condition: The description mentions 'some hardwood floors and carpet,' implying that certain areas may have older carpeting that could require updating or replacement.
Building Age: Built in 1970, the building's age, while well-maintained, could lead to higher future HOA assessments for capital improvements or potential for older infrastructure compared to newer constructions.

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