
Valley Village, California 91607
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $550,000—positioned well below the $570,000 Fair Market Value by 3%. This valuation gap offers $20,000 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a high-end remodeled kitchen and spa-inspired primary suite, this unit offers a sophisticated lifestyle. With seller-paid interest rate buydowns and pre-paid HOA fees, it is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready sanctuary in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5232 Corteen Subject | $550,000* List Price | 2 | 2 | 1,036 | $550 | - |
A 4832 Whitsett Avenue 301 Sold | $630,000 | 2 | 2 | 1,070 | $589 | 0.5 mi |
B 11939 Weddington Street 313 Sold | $600,000 | 2 | 3 | 1,252 | $479 | 0.5 mi |
C 4832 Whitsett Avenue 305 Sold | $695,000 | 2 | 2 | 1,200 | $579 | 0.5 mi |
D 4744 Ben Avenue 11 Sold | $610,000 | 2 | 3 | 954 | $639 | 0.7 mi |
E 4832 Whitsett Avenue 203 Sold | $700,009 | 2 | 2 | 1,118 | $626 | 0.5 mi |
F 12500 Huston Street 201 Sold | $615,000 | 3 | 2 | 1,433 | $429 | 0.5 mi |
G 5232 Corteen Place 7 Active | $490,000 List Price | 2 | 2 | 1,005 | $488 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The unit has undergone a complete high-end renovation within the last 5 years. It features a fully remodeled kitchen with quartz countertops and new stainless steel appliances, designer-remodeled bathrooms with modern fixtures, updated flooring, and new individual AC units, meeting the criteria for mint condition with no immediate maintenance required.
This top-floor unit features a magazine-quality renovation including a designer kitchen with quartz countertops, a wine fridge, and a primary suite with a spa-inspired black tile shower.
The seller is offering a 1% interest rate buydown and is pre-paying the HOA fees for the remainder of the year, providing significant immediate financial value to the buyer.
The property includes rare features for the building, such as an AC-controlled enclosed balcony for extra square footage and a modern in-unit washer and dryer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38366, other record lot size in square feet = 38432.
The association fee of $619 per month is relatively high for a two-bedroom condo at this price point, which may impact monthly affordability for some buyers.
Despite the extensive interior upgrades, the 1962 building relies on individual room AC units rather than a modern central climate control system.
1% LOWER ON YOUR INTEREST RATE BUYDOWN PAID FOR BY SELLER! HOA PAID FOR THE REST OF THE YEAR UPFRONT BY SELLER! Buy now INCENTIVES!!! Great opportunity for turnkey beautiful condo PICTURE PERFECT COMING OUT OF A MAGAZINE. Top floor beautifully upgraded unit offers the perfect blend of comfort, style, and location. Flooded with natural light through newer windows, features updated flooring and a thoughtfully remodeled kitchen designed to impress—complete with brand new sleek stainless steel appliances, recessed lighting, quartz countertops, an apron-front sink, a designer tile backsplash, and built-in wine fridge. The kitchen truly shines with abundant counter space and generous cabinetry, including rotating corner cabinets with built-in lazy Susan's and a dedicated spice rack drawer for effortless organization. The expansive living room provides a warm yet sophisticated setting, highlighted by a stylish limewashed floor-to-ceiling fireplace that is fully functional—perfect for cozy evenings or entertaining. Each room is equipped with its own AC unit for personalized comfort, the living room and second bedroom feature blackout curtains added privacy and restful sleep. The primary suite is a true retreat, boasting a generously sized bedroom, a fully remodeled en-suite bathroom with a striking glass-enclosed black tile shower and spa-inspired stone flooring, as well as dual vanities with his-and-hers sinks and mirrors. The oversized closet is exceptionally well-designed with two levels of storage, including a dedicated section for shoes and handbags. A second spacious bedroom offers its own large closet and access to a versatile enclosed balcony with tile flooring—perfect for extra storage, a greenhouse, or a cozy home office. Both bedrooms are generously sized and offer flexible living options. This unit has an enclosed patio that is AC controlled RARE FOR THE BUILDING. Additional highlights include a modern in-unit washer and dryer, and a highly desirable location just minutes from the vibrant dining and shopping scenes along Ventura Boulevard, the popular neighborhoods of Studio City, Sherman Oaks, and the NoHo Arts District. Easy access to the 101 and 170 freeways, walking distance to grocery stores and restaurants. Plus, you’re just a short drive from Universal Studios Hollywood and Burbank. Fully remodeled high end 2+2 unit you will not be disappointed. Great area next to a lot of happening places in Studio City. Washer and Dryer in Unit.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,036 | 1,135.091 |
| Lot Size | 38,366 | 28,074.545 |
| Price | $550.0K | $644.0K |
| Price per sq ft | $531 | $539 |
| Built year | 1962 | 1990 |
| HOA | $619.0 | $507 |
| Days on market | 147 | 82 |
May 1, 2026
$550,000
$570,000
-4% Price Drop
Initial Listing
Apr 15, 2026
$570,000
Initial Listing
Oct 24, 2023
$487,500
Public Record
Apr 23, 2010
$216,000
Public Record
Sep 9, 2002
$187,000
Public Record
Feb 21, 1996
$64,000
Public Record