5232 Corteen 10, Valley Village, California 91607, Valley Village, 91607 - 2 bed, 2 bath
Loading property details...
Valley Village, California 91607
This Condominium represents a Strong Value Opportunity, listed at $399,000—positioned slightly above the $397,812 Fair Market Value. While the unit maintains a Fair Condition Rating due to dated infrastructure, recent cosmetic updates including new flooring and appliances provide immediate move-in readiness. Residents benefit from resort-style amenities like a community pool and proximity to top-rated schools like North Hollywood Senior High. This property balances entry-level affordability with long-term potential, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a foothold in Valley Village.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5232 Corteen 10 Subject | $399,000* List Price | 2 | 2 | 1,136 | $350 | - |
A 12720 Burbank 221 Sold | $425,000 | 2 | 2 | 1,154 | $368 | 0.7 mi |
B 12830 Burbank Blvd. 310 Sold | $375,000 | 2 | 2 | 1,154 | $325 | 0.8 mi |
C 5232 Corteen Place 25 Active | $449,500 List Price | 2 | 2 | 1,060 | $424 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the unit has a recent cosmetic 'refresh' with new flooring and paint, the underlying components are dated. The 1962 build features popcorn ceilings, wall-mounted AC units instead of central HVAC, and older tile countertops in the kitchen, placing it in the 'Fair' category for needing further modernization.
The unit features brand-new flooring, fresh interior paint, and updated kitchen appliances including a new cooktop and dishwasher, offering a move-in-ready experience.
Priced at $399,000 for a 1,136 sqft two-bedroom layout, this property represents an excellent entry-level or investment opportunity in the desirable Valley Village area.
Residents enjoy resort-style living with access to a community pool and a beautifully landscaped courtyard, providing valuable outdoor space in an urban setting.
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 monthly HOA fee of $619 is relatively high compared to the purchase price, which may impact the buyer's monthly debt-to-income ratio and overall affordability.
Constructed in 1962, the building may require more long-term maintenance than newer builds, and the unit lacks any significant views, which could limit future appreciation.
Charming Updated Condo — Beautifully Refreshed! This bright condo features brand-new flooring throughout, fresh interior paint, a new cooktop, and a new dishwasher. The open living area centers around a classic fireplace, while the kitchen offers white cabinetry and tile counters. The unit includes two spacious bedrooms with ample closet storage. Enjoy resort-style living with access to the community's pool and landscaped courtyard. Conveniently located near shopping, dining, and major transit routes — a fantastic opportunity for buyers or investors alike. Schedule your private showing today!
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 | 3.0 |
| Square foot | 1,136 | 1,180 |
| Lot Size | 38,366 | 23,710 |
| Price | $399.0K | $635.0K |
| Price per sq ft | $351 | $502 |
| Built year | 1962 | 2005 |
| HOA | $619.0 | $535 |
| Days on market | 12 | 79 |
Jul 10, 2026
$399,000
Initial Listing