5232 Corteen Place 7, Valley Village, California 91607, Valley Village, 91607 - 2 bed, 2 bath
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5232 Corteen Place 7
Valley Village, California 91607
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,005Sq Ft
38,354Lot Size
Property Price
LIST PRICE$479,000
EST. MARKET VALUE
$478,143
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $479,000—positioned above the $443,430 Fair Market Value. While priced slightly above market, the property features a Condition Rating of 2, showcasing a totally remodeled interior with a modern kitchen, farmhouse sink, and rare in-unit laundry. Located in a secure community with a pool and private patio, it offers a high-quality lifestyle near top-rated schools like North Hollywood Senior High. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready sanctuary.
Estimated Market Value
$478,143
Based on Realkey algorithm analyzing recent comparable sales in Valley Village.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5232 Corteen Place 7 Subject | $479,000* List Price | 2 | 2 | 1,005 | $476 | - |
A 5257 Radford Ave Sold | $535,000 | 2 | 2 | 958 | $558 | 0.5 mi |
B 12720 Burbank Boulevard 121 Sold | $450,000 | 2 | 2 | 1,154 | $390 | 0.7 mi |
C 12014 Kling Street 18 Sold | $530,000 | 2 | 2 | 1,100 | $482 | 0.8 mi |
D 12014 Kling Street 23 Sold | $370,000 | 1 | 1 | 700 | $529 | 0.8 mi |
E 11939 Weddington Street 313 Sold | $600,000 | 2 | 3 | 1,252 | $479 | 0.5 mi |
F 12830 Burbank Boulevard 201 Sold | $420,000 | 2 | 2 | 1,154 | $364 | 0.8 mi |
G 12720 Burbank 221 Sold | $425,000 | 2 | 2 | 1,154 | $368 | 0.7 mi |
H 5232 Corteen Active | $550,000 List Price | 2 | 2 | 1,036 | $531 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1962, the unit has been totally remodeled with a modern kitchen featuring new stainless steel appliances and a farmhouse sink, updated bathrooms, new recessed lighting, and fresh flooring throughout, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Renovations
The property has been completely remodeled, featuring updated bathrooms, recessed lighting, and a contemporary kitchen with a new stainless steel farmhouse sink.
- In-Unit Laundry
A standout feature for this complex, the unit includes a rare in-unit washer/dryer combo, offering a level of convenience not found in many neighboring units.
- Prime Valley Village Location
Ideally situated near Studio City, the condo provides excellent access to major freeways, diverse shopping centers, and popular dining destinations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38354, other record lot size in square feet = 38432.
- High Monthly HOA Fees
At $619 per month, the association fees are notably high for this price point, which may impact the overall affordability for budget-conscious buyers.
- Limited Parking
With only one covered parking spot provided for a two-bedroom residence, multi-car households may find the lack of additional dedicated parking challenging.
About 5232 Corteen Place 7
Having a house! This TOTALLY REMODELED 2 bedroom 2 bath condo is located on the first floor of this private secure community located in Valley Village The master bedroom has a very gracious size walk in closet and attached updated bathroom. The 2nd bath is also updated with a fresh modern look. Private patio is located just off the generous size living area. Recessing lights, New stainless steet farmers sink, New lights entire kitchen.The courtyard complex with an inground pool and common patio area.ONE OF THE UNITS WITH WASHER/DRYER COMBO IN CLOSET. One covered parking spot with quick access to the front. Very close distance to Studio City. Well priced to sell. Don't miss this incredible opportunity to own a home in Versailles community of Valley Village!!! Considred for lease as well. Please contact the listing agent for more information. CLOSE TO EVERYTHING, SHOPPING, FREEWAY, AND RESTAURANTS !
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 38,354 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $619.0 / Month
Neighborhood Insights
Valley Village Unified Schools
Burbank Boulevard Elementary School
Grades K-5 • 0.4 mi
7/10
John B. Monlux Elementary School
Grades K-5 • 1.1 mi
6/10
Lankershim Elementary School
Grades K-5 • 1.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,005 | 1,135.091 |
| Lot Size | 38,354 | 28,074.545 |
| Price | $479.0K | $644.0K |
| Price per sq ft | $477 | $539 |
| Built year | 1962 | 1990 |
| HOA | $619.0 | $507 |
| Days on market | 48 | 82 |
Pricing History
Listed for Sale
Jul 23, 2026
$479,000
Initial Listing
Sold
Oct 12, 2021
$460,000
Public Record
Sold
Jun 22, 2007
$305,000
Public Record